BRIEF-AXA sells out of private equity firm Ardian while ACM and Wafra raise their Ardian stakes

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Tadawul All Shares Index

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Tadawul All Shares Index

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July 16 (Reuters) - Ardian/AXA AXAF.PA/WAFRA:

  • Ardian, the global private investment firm, announced a share purchase agreement that will see the Assurances du Crédit Mutuel (ACM) and Wafra, two existing shareholders of the business, increase their respective shareholdings in the company.

  • As part of this transaction, AXA will sell its entire 10% interest, subject to customary closing conditions and regulatory approvals.

  • This investment will take ACM's stake in Ardian to 23% while Wafra will also invest additional capital following its initial minority investment in 2025.

  • Ardian's employees will continue to remain the largest shareholder group, accounting for around 40% of shares.

  • Completion of the agreement is expected to occur between late 2026 and early 2027.

Further company coverage: AXAF.PA


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