Skip to content
Subscriber Only

Invesco, GAM Interested in UniCredit’s Pioneer, Messaggero Says

Invesco Ltd. and GAM Holding AG are interested in buying UniCredit SpA’s Pioneer asset-management unit, valued at about 3.5 billion euros ($4.5 billion), Il Messaggero reported, without saying how it got the information.

Five companies are interested in buying Pioneer, while about another 20, including funds and international investors, would be interested in buying part of the unit, according to the Italian newspaper.