Euronext

Amundi US to merge into Victory Capital

ByChenos Kahn April 16, 2024April 16, 2024

PARIS: Amundi and Victory Capital have signed a Memorandum of Understanding that will significantly reshape the investment management landscape. The agreement outlines a strategic plan to merge Amundi US into Victory Capital, granting Amundi a 26.1% stake in Victory Capital and establishing comprehensive global distribution agreements. This proposed transaction is poised to create a more…