Azimut agrees to buy Yapi Kredi Asset Management for EUR 305 million

Reuters2026/07/29 05:19

By:Reuters

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Azimut agreed to buy 100% of Yapı Kredi Portföy, the asset management unit of Yapı Kredi Bank.
Yapı Kredi Portföy manages EUR 23 billion of assets; the combined platform would reach about EUR 29 billion in Türkiye.
The deal includes a 15-year exclusive distribution partnership across Yapı Kredi’s 730+ branches, targeting access to 18 million clients.
Consideration totals about EUR 305 million, excluding cash at closing, with an earn-out component tied to growth.
Completion is expected by December 2026, subject to regulatory approvals and customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Azimut Holding S.p.A. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Azimut agrees to buy Yapi Kredi Asset Management for EUR 305 million

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