Management, distribution and distribution of investment funds and alternative investment programs. As of 31.12.2017, Pioneer Investments manages more than 1,400 billion euros in more than 160 funds. The release of this press release is intended only for persons outside the United Kingdom, subject to applicable laws, or (ii) to persons with professional investment experience, which fall within the definition of “InvestmentProfessionals” under Article 19, paragraph 5, of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 as amended (the “orders”) or (iii) the wealthy entities, associations and trustees of high-quality trusts covered by Section 49, paragraph 2, points (a) to d), of the College (all of these persons are designated as “relevant persons”). The issuance of rights is only available for all invitations, offers or agreements to subscribe, purchase or acquire such rights only with the persons concerned. Anyone who is not a relevant person should not act or rely on this press release or any information contained in it. On 26 January 2009, an interim agreement was signed between the two parties, which signed a final agreement on 9 July 2009 stipulating that Crédit Agricole will own 75% of the new company and that Société Générale will retain 25%, chaired by Yves Perrier, then CEO of CAAM. The name “Amundi” was officially announced on 23 October 2009[8] The company was created on 1 January 2010, after approval by the European Commission, in order to continue the merger. The merger of the two teams was gradual in 2010 and resulted in the loss of 260 jobs worldwide and the creation of some 60 new management and distribution positions. The acquisition allowed Amundi to expand its distribution network in Italy, Germany and Austria, where Pioneer Investments already had a well-established presence, while expanding its investment management expertise. [1] Italy has become Amundi`s second largest market after France. In the United States, the name “Pioneer” was retained and merged with Amundi to create a new brand, “Amundi Pioneer”. Media: Tel.

`39 02 88623569; E-mail: MediaRelations@unicredit.eu – Enjoy a leading American platform in terms of management and distribution. Amundi, AuM`s largest asset manager in Europe, has signed a binding agreement with UniCredit to acquire Pioneer Investments for a cash payment of 3,545 million euros. The transaction is expected to close in the first half of 2017. Following the opening of exclusive negotiations announced on 5 December 2016, UniCredit announces that it has successfully signed a binding agreement with Amundi for the sale of Pioneer: the purchase price paid by Amundi will be 3,545 million euros and UniCredit will receive an exceptional dividend of 315 million euros before the transaction distributed by Pioneer.

Written by shivamsood

I am a social activist and social worker based out of New Delhi. I fight for the basic civic rights of citizens such as water, electricity, hygiene, education, public health & safety. My mission is and always has been to get all citizens their basic civic & human rights. My fight is not against one individual or government but is against any institution, person or entity that denies citizens their rights.