Amundi Group announces the upcoming completion of the acquisition of Pioneer Investments
Thursday 22 June 2017
The Amundi Group has received all the regulatory approvals required to complete the upcoming acquisition of Pioneer Investments, which is scheduled for July 3, 2017.
The work carried out over the last 6 months has allowed us to confirm the development priorities of the new group, define the priorities of its businesses, and outline the implementation plan for integration. The synergies resulting from this integration cost a total of €150m, in line with the figure previously announced.
To capture this potential for growth and productivity, in line with the same principles that have prevailed since Amundi’s creation, the Group will adapt its organizational governance around two divisions: a Retail Client Division and an Institutional & Corporate Client Division. This new organization Amundi is deployed in more than 30 countries where all country heads have been designated.