{"id":371289,"date":"2026-03-06T17:14:27","date_gmt":"2026-03-06T17:14:27","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/371289\/"},"modified":"2026-03-06T17:14:27","modified_gmt":"2026-03-06T17:14:27","slug":"amundi-kkr-temasek-unit-among-bidders-for-uob-asset-management","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/371289\/","title":{"rendered":"Amundi, KKR, Temasek unit among bidders for UOB Asset Management"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/03\/5997b06e686b3886d6e4a77cfbb9184e.jpeg\" alt=\"\" loading=\"eager\" height=\"640\" width=\"960\" class=\"yf-lglytj  loaded\"\/>     <\/p>\n<p class=\"yf-1fy9kyt\">Amundi SA (France), KKR &amp; Co. in the US with Temasek Holdings Pte\u2019s Seviora unit bidding for UOB Asset Management. Negotiations focus on Southeast Asia distribution network inclusion.<\/p>\n<p class=\"yf-1fy9kyt\">(March 6):\u00a0Amundi SA, KKR &amp; Co. and Temasek Holdings Pte\u2019s Seviora unit are bidding for United Overseas Bank Ltd.\u2019s asset management arm, according to people familiar with the matter.<\/p>\n<p class=\"yf-1fy9kyt\">The three have submitted non-binding offers to invest in UOB Asset Management Ltd., the people said, asking not to be identified because the information is private. A key aspect of the negotiations is how much of its distribution network in Southeast Asia UOB is willing to include, two of the people said.<\/p>\n<p class=\"yf-1fy9kyt\">Talks are ongoing and no final decisions have been made, the people said, adding that a transaction might not materialize, while other parties could also make a bid.<\/p>\n<p class=\"yf-1fy9kyt\">A spokesperson for UOB said the bank doesn\u2019t comment on market rumours or speculation. UOB is focused on delivering long-term value to shareholders and meeting the evolving needs of customers, the spokesperson said.<\/p>\n<p class=\"yf-1fy9kyt\">Amundi, Seviora, Temasek and KKR declined to comment.<\/p>\n<p class=\"yf-1fy9kyt\">UOB has been exploring options for its asset management arm, including a possible sale, as the Singaporean lender seeks to streamline its portfolio, people familiar with the matter said in December. A transaction may value UOB\u2019s asset management business at several hundred million dollars, some of the people have said.<\/p>\n<p class=\"yf-1fy9kyt\">Established in 1986, the wholly owned UOB subsidiary had about $41 billion (US$32 billion) of assets under management as of the\u00a0end of November. In addition to Singapore, the asset manager has a presence in Brunei, Indonesia, Japan, Malaysia, Taiwan, Thailand and Vietnam.<\/p>\n<p class=\"yf-1fy9kyt\">\u00a0<\/p>\n<p class=\"yf-1fy9kyt\">\u00a0<\/p>\n<p class=\"yf-1fy9kyt\">\u00a0<\/p>\n<p class=\"yf-1fy9kyt\">uploaded by Isabelle Francis<\/p>\n<p class=\"yf-1fy9kyt\"><strong>See Also:<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Amundi SA (France), KKR &amp; Co. in the US with Temasek Holdings Pte\u2019s Seviora unit bidding for UOB&hellip;\n","protected":false},"author":2,"featured_media":371290,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[177],"tags":[171573,171571,79,18,19,17,171572,234,235,4434,171568,171570,171569],"class_list":["post-371289","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-amundi","tag-amundi-sa","tag-business","tag-eire","tag-ie","tag-ireland","tag-kkr-co","tag-personal-finance","tag-personalfinance","tag-southeast-asia","tag-temasek-holdings","tag-uob","tag-uob-asset-management-ltd"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116183358980145546","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/371289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=371289"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/371289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/371290"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=371289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=371289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=371289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}