PARIS: Amundi today announced that it has reached a definitive agreement. And Amundi US will be combined with Victory Capital. Amundi will become a strategic shareholder of Victory Capital with a 26.1% economic stake in Victory Capital. Both parties have entered into 15-year distribution and services agreements, which will be effective upon the closing of…
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Amundi US to merge into Victory Capital
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…