MutualFundWire.com: Amundi Buys Pioneer From UniCredit - Press Roundup
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Monday, December 12, 2016

Amundi Buys Pioneer From UniCredit - Press Roundup


This morning Amundi and UniCredit confirmed that Amundi will buy Pioneer Investments [profile] for 3.545 billion euros ($3.76 billion), plus a 315-million euro ($334.18 million) "extraordinary dividend" that Pioneer will pay to UniCredit before the deal closes in the first half of next year.
[See MFWire's living timeline of the Pioneer auction for more details and history.]

Jean-Pierre Mustier
 UniCredit
CEO
Here's a round up of some of the coverage so far of the official deal:

  • Bloomberg, "Amundi Agrees to Buy UniCredit's Pioneer for $3.7 Billion"


  • The Boston Globe, "French firm Amundi buys Boston's Pioneer Investments for $3.7 billion"


  • The Financial Times, "UniCredit seals 3.5bn euro Pioneer deal with Amundi"


  • The Irish Times, "France's Amundi to buy Pioneer from UniCredit for 3.6bn euros"


  • MarketWatch, "UniCredit seals $4 billion sale of unit to Amundi"


  • Pensions & Investments, "Amundi to acquire Pioneer Investments"


  • Reuters, "France's Amundi to buy Pioneer from UniCredit for 3.6 billion euros"


  • TheStreet, "UniCredit Agrees $3.75 Billion Sale of Pioneer Asset Management to Amundi";


  • The Telegraph, "Italian bank UniCredit shores up position with 2.9bn pound Pioneer deal"; and


  • The Wall Street Journal, "UniCredit Said to Be Selling Pioneer to Amundi for More Than 4 Billion Euros".
Printed from: MFWire.com/story.asp?s=55329

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