BNP Paribas entered into exclusive talks to buy the investment-management arm of insurer AXA and reach a long-term partnership for 5.1 billion euros ($5.52 billion), in a deal that would create a European asset-management giant.
CEO Glenn Chamandy is focusing on ways to both optimize production by using underused capacity in places such as Latin America and improve product quality of the basic apparel that Gildan is known for.