Pioneer Auction Nearly Set to Begin
The possible auction of Pioneer Investments, which is owned by UniCredit Group, may finally be getting off the ground. peHUB has learned that Pioneer’s book is nearly completed and should be out to potential bidders soon. In July, I reported that the auction for Pioneer was set to begin in September because UniCredit didn’t have broken-out financials for Pioneer’s U.S. businesses. Books couldn’t be sent out until they had them, sources have told peHUB.
17 August 2010•2 mins read
