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Manager M&A

Publication Date : January 9, 2017

Main story

Major deal makes the difference

Merger and acquisition deal value in the global money management industry totaled $25.5 billion in 2016, up 18% from 2015, boosted by the Dec. 11 announcement of the biggest deal of the year: Amundi Group's $3.74 billion purchase of Pioneer Investments, the asset management arm of Italian bank UniCredit SpA.