Amundi to get 26% stake in Victory in exchange for US business


Amundi CEO Valerie Baudson

PARIS: Amundi, Europe's largest asset manager, said on Tuesday it had agreed to sell its U.S. business to Victory Capital in exchange for a 26% stake in the U.S. company.

Amundi said there was no cash payment involved in the deal.

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Amundi , Victory Capital

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