Pioneer Generates Interest Among European Banks

UniCredit Group’s possible sale of Pioneer Investments is getting some interest from European banks and asset managers, according to press reports. Possible suitors include Natixis, BNP Paribas, Soceite General and Amundi, the asset management joint venture owned by SocGen and Credit Agricole. Laurent Mignon, Natixis CEO, told our friends at Reuters that a deal “would only make sense in the form of a long-lasting sales partnership."

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