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Pioneer's answer is in the Poste

Unlikely as it seems, the Italian post office is shaping up as a potential buyer of Pioneer Investments, which has been put up for sale by banking group UniCredit as part of a renewed bid to boost its reserves.

Pioneer's answer is in the Poste
Photo: Getty Images

Unlikely as it seems, the Italian post office is shaping up as a potential buyer of Pioneer Investments, which has been put up for sale by banking group UniCredit as part of a renewed bid to boost its reserves.

Italian insurer Generali has also displayed interest, according to investment bankers. They view Paris-based Amundi as the strongest contender.

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