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Asset manager Amundi sets discount price in rights issue to finance Pioneer deal

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French asset manager Amundi set a price of 42.50 euros for its previously announced 1.4 billion euros 1.2 billion pounds rights issue to finance its acquisition of Pioneer Investments from Italian bank UniCredit. The rights issue price of 42.50 euros represents a discount of 20.6 percent to Amundi's closing share…

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Click here to read the full story: The Reuters

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