Amundi Said to Be in Lead to Buy UniCredit’s Pioneer Unit

Updated on
  • Unit has been valued at as much as 3.5 billion euros
  • No final agreement has been reached, person familiar says

French investment firm Amundi SA is the front-runner to buy Pioneer Global Asset Management SpA from UniCredit SpA, a business valued at as much as 3.5 billion euros ($3.7 billion), according to people familiar with the transaction.

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