Amundi’s IPO may bring €1.72bn, market capitalisation to reach €7.5bn

Amundi has commented its initial public offering on the regulated market of Euronext in Paris.

The sale of the initial sale shares amounts to approximately €1.5bn. In the event the over-allotment option is exercised in full, the maximum amount of the sale by Crédit Agricole SA of the additional sale shares would represent approximately €225m, which may bring the global offering to a maximum amount of approximately €1.72bn.

The global offering price has been set at €45 per share. On that price basis and of the 166,791,680 existing shares following the global offering, the market capitalisation of Amundi amounts to approximately €7.5bn.

Amundi’s shares will be traded as from 12 November and will continue until the settlement date for the French retail offering and international offering, scheduled on 13 November.

Commencement of trading of Amundi shares on the regulated market of Euronext in Paris will take place on 16 November.

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

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