Equita Group in advanced talks to sell its asset management platform to Xenon
17/03/2026 09:05
Clarifies that Equita is buying the asset management platform (not Xenon MILAN, March 17 (Reuters) - Italian investment bank Equita Group EQUI.MI said on Tuesday it is in talks with Xenon Private Equity shareholders to acquire the asset management platform. Negotiations are currently underway and in an advanced stage, it said in a statement. Il Sole 24 Ore reported on Tuesday that Xenon was close to sealing a merger deal with Equita. Under the transaction, Xenon, a mid-cap focused private equity firm, would receive Equita shares, the paper reported. (Reporting by Elisa Anzolin; Editing by Kirsten Donovan) ((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))