Ownership stake · Activity not yet classified
TOBAM
Transaction overview
Announced
Exact closing date not established.
TOBAM announced on November 14, 2016 that it and Amundi had decided to increase Amundi’s stake to 20%, following dilution from employee capital increases. Employees would continue to hold the majority, and CalPERS remained a minority shareholder. The source does not report an exact closing day or consideration.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- TOBAM and Amundi strengthen their strategic partnership 14 November 2016 ↗
Official firm website · Published Nov 14, 2016
TOBAM announced on November 14, 2016 that it and Amundi had decided to increase Amundi’s stake to 20%, following dilution from employee capital increases. Employees would continue to hold the majority, and CalPERS remained a minority shareholder. The source does not report an exact closing day or consideration.