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Third, BMPS is the exclusive world distributor of two devices built by Hunkar Laboratories, Cincinnati.
251) URBAN BMPS, supra note 13, at 5-49; PHASE I REPORT, supra note 9, at 3-24.
A source close to the matter told AFP two weeks ago that Barclays was interested in buying the BMPS branch offices as part of its development strategy.
BMPS, as one of the top ten players in the Italian banking industry, has been analysed with respect to its financial performance, business strategies and growth projections.
AXA and BMPS entered into a strategic partnership in 2007, creating one of Italy's leading bancassurance providers for life, non life and pension products.
AXA will subscribe to its full allocation of BMPS shares as part of the rights issue contemplated by BMPS in connection with this acquisition.
As part of this partnership, AXA acquired 50% of MPS Vita (life and savings) and MPS Danni (P&C), 50% of BMPS open pension funds business and will take on the management of the insurance companies' assets (Euro 13 billion as of year-end 2006) and open pension funds' assets (Euro 0.
PARIS, March 23 /PRNewswire/ -- AXA and BMPS announce today that they have reached an agreement for the establishment of a long-term strategic partnership in life and non-life bancassurance as well as pensions business.
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