The investment company, which submitted an offer last week, aims to make Aviva France a full-fledged branch of its management activities, in the wake of industry giants Blackstone and Apollo.
He is a new surprise guest in the battle for control of Aviva France and its 80 billion euros in assets. Insurers Allianz, Macif and Generali who thought they had the way open and imagined ceding possible pieces to investment funds, will have to face a new adversary, Eurazeo.
The investment company headed by Virginie Morgon has indeed promised its investors to double in size within four to five years, to nearly 40 billion euros in assets, and is thinking big. It submitted an indicative offer last week as part of the auction for the French subsidiary of the British insurer, valued at more than 3 billion euros.