Reuters logo
BRIEF-Credit Agricole confirms sale of Amundi preferential subscription rights
March 15, 2017 / 6:55 AM / in 7 months

BRIEF-Credit Agricole confirms sale of Amundi preferential subscription rights

March 15 (Reuters) - Credit Agricole/Amundi :

* Announces successful sale of 56,720,400 Amundi preferential subscription rights for approximately 67 million euros ($71 million)

* Sale forms part of Amundi’s previously announced 1.4 billion euros rights issue to help finance Amundi’s takeover of Pioneer Investments from Italian bank UniCredit

* Credit Agricole to hold around 70 pct of Amundi’s share capital once the rights issue has been completed, as previously announced

Source text for Eikon: Further company coverage: ($1 = 0.9411 euros)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below