“Unicredit and Amundi announce that they have started exclusive negotiations for the possible sale of the Pioneer Investment assets to Amundi”. This is what we read in a note released this morning by the Italian Bank, which confirms the market rumors circulated in the previous hours.
Yesterday the Financial Times had written that the value of the possible agreement arriving with the French will be 3 billion euros. Unicredit also, continues the newspaper, is also planning a spin off of a gross portfolio of 50 billion in non-performing loans and the transfer of a tranche to one or more investors. On track on the Fortress, Cerberus and Pimco dossier.
