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Amundi to buy UniCredit's Pioneer for 3.5b euros

Tuesday, December 13, 2016 - 05:50

Paris

AMUNDI SA has agreed to buy Pioneer Investments from Italy's UniCredit SpA, accelerating the French investment company's growth in the US and European markets including Germany and Austria.

Amundi will pay about 3.5 billion euros (S$5.3 billion) in cash, the Paris-based

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