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BNP Paribas , a multinational universal bank and financial services holding company, agreed to acquire AXA Investment Managers , a global investment management firm, from AXA , a French multinational insurance company, for €5.1bn ($5.3bn).
BNP Paribas is advised by Cleary Gottlieb Steen & Hamilton LLP and Freshfields (led by Hervé Pisani and Marc Perrone ). AXA is advised by J.P. Morgan and Sullivan & Cromwell LLP (led by William D. Torchiana ).
Tether.io , a company in the digital assets industry, agreed to invest $775m in Rumble , a video-sharing platform and cloud services provider.
Rumble is advised by Cantor Fitzgerald , Oppenheimer & Co. Inc. , Willkie Farr & Gallagher LLP and MZ Group (led by Shannon Devine ). Cantor Fitzgerald is advised by DLA Piper . Tether is advised by McDermott Will & Emery .
Elliott Investment Management L.P. , a Florida-based investment firm, agreed to acquire a majority stake in American Greetings , a designer and manufacturer of social expression products. from Clayton, Dubilier & Rice , a private equity firm. Financial terms were not disclosed.
American Greetings is advised by Bank of America , Centerview Partners and Debevoise & Plimpton . Elliott Investment Management is advised by UBS and Davis Polk & Wardwell LLP (led by Michael Gilson ). Debt financing was provided by Bank of America , Barclays and UBS .
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