UniCredit Mulls Amundi Alternatives Amid Doubts Over BPM Backing
UniCredit SpA is assessing alternatives to a sales agreement with Credit Agricole SA 's funds unit amid signs that the French bank doesn't support the Italian lender's takeover bid for a smaller domestic rival, Banco BPM SpA.
Italy's second-largest bank is analyzing options to replace Credit Agricole's asset manager Amundi SA when an existing sales partnership with the firm expires in about two years' time, people with knowledge of the matter said. They asked not to be identified discussing the private matter.
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