# C_2017062EN.01001001.xml

| 25.2.2017 | EN | Official Journal of the European Union | C 62/10 |
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25.2.2017

EN

Official Journal of the European Union

C 62/10

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Prior notification of a concentration

(Case M.8359 — Amundi/Crédit Agricole/Pioneer Investments)

(Text with EEA relevance)

(2017/C 62/05)

| 1. | On 20 February 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Amundi SA (Amundi), subsidiary of Crédit Agricole SA (France) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of Pioneer Global Asset Management SpA (‘Pioneer’), the asset management business of UniCredit SpA (Italy) by way of a purchase of shares. |
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1.

On 20 February 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Amundi SA (Amundi), subsidiary of Crédit Agricole SA (France) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of Pioneer Global Asset Management SpA (‘Pioneer’), the asset management business of UniCredit SpA (Italy) by way of a purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   Amundi: asset management worldwide,
  —   Pioneer: asset management, in particular in Europe. |
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2.

The business activities of the undertakings concerned are:

—   Amundi: asset management worldwide,

Amundi

—   Pioneer: asset management, in particular in Europe.

Pioneer

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8359 — Amundi/Crédit Agricole/Pioneer Investments, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8359 — Amundi/Crédit Agricole/Pioneer Investments, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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