Victory Capital (VCTR) to Buy Amundi US Business, Form Alliance
VCTRVictory Capital(VCTR) ZACKS·2024-07-10 23:16

Victory Capital Holdings, Inc. (VCTR) has signed a definitive agreement with Amundi regarding their previously disclosed transaction, aiming to enter into mutual distribution agreements and combine the company with Amundi's US business. This strategic collaboration is in alignment with Victory Capital’s inorganic growth strategy.In line with the Memorandum of Understanding announced on Apr 16, 2024, Amundi and Victory Capital have decided to enter into reciprocal 15-year distribution agreements effective up ...