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# Belgium's Belfius Bank to Acquire 33% Stake in Candriam in Asset Management Expansion
- URL: https://www.theglobalbanker.com/belfius-bank-belgium-acquires-33-percent-stake-candriam-asset-management/
- Published: 2025-05-05T10:40:00.000Z
- Updated: 2026-10-02T14:35:51.000Z
- Description: Belgian lender Belfius Bank has agreed to acquire a 33% stake in Candriam, a European asset management firm.
- Author: TGB Editorial Team
- Tags: M&A, Europe, #archive

Belfius Bank, Belgium's state-owned lender, has agreed to acquire a 33% stake in Candriam, a European asset management firm. The transaction remains subject to regulatory approval and customary closing conditions.

Candriam is a multi-specialist asset manager with strategies in fixed income, equities, alternatives and sustainable investment. 

#### DEAL CONTEXT

Belfius called the Candriam stake a key milestone in its ambition to become the leading private bank in Belgium. 

Candriam remains a New York Life Investments company.