Amundi wins shareholder approval to raise €1.4bn

Aidan Gregory

January 30, 2017 06:00 pm

Amundi_Paris_AP_230X150 — Analysts work at the Euronext headquarters in the business district la Defense, outside Paris, Tuesday, Jan. 10, 2017. Euronext is a cross-border European stock exchange, created in 2000 from the merger of the Amsterdam, Brussels and Paris stock exchanges and later with the NYSE Group, resulting in the formation of NYSE Euronext in 2007. Euronexts goal is to serve the real economy by bringing together buyers and sellers. (AP Photo/Kamil Zihnioglu) | Kamil Zihnioglu/AP

Shares in Amundi, the French asset manager, fell 1% on Monday after its shareholders gave near-unanimous approval at an extraordinary general meeting to its €1.4bn capital increase to partly finance its €3.545bn acquisition of Pioneer Investments from UniCredit.

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Topics

Equity Europe Crédit Agricole Follow-ons and Rights issues France UniCredit EMEA

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Aidan Gregory