MILAN, April 20 (Reuters) – If Unicredit will find an agreement with Santander for the integration of the respective asset management business, this will cover all activities of Pioneer Investments.
He said the CEO Federico Ghizzoni but does not anticipate anything about the solution could be found for the activities of the US Pioneer, representing a node in the negotiations.
“If you will agree, will cover the entire Pioneer, wait a few days and see if we are really there,” said Ghizzoni at the presentation of a report on tourism in 2015.
On the assumption of an excerpt of the activities Use Agreement, Ghizzoni has merely responded: “I can not anticipate anything.”
Over the weekend have been circulating rumors that the activities of the US Pioneer would not be integrated with those of Santander.
“In the medium-term goal is to see if in this business that we value you can grow. It ‘a strategic operation, not defensive but the opposite,” said Ghizzoni.
(Gianluca Semeraro)
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