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Amundi's €1.7 billion Euronext Paris IPO

12/11/2015
IPO
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€ 1.7 billion

$ 1.874 billion

Completed

12/11/2015

Overview:

  • Asset manager Amundi listed on the Euronext Paris for €1.7 billion.
  • This was the largest IPO in France in more than ten years.
  • The company sold 33.4 million shares at €45 a share, which values it at €7.5 billion.
  • Amundi is a joint venture between Crédit Agricole and Société Générale.
  • Société Générale sold its entire 20 percent stake in the company as part of the offering.

John Crabb - Journalist

Jurisdiction:

France

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

France

Industry sector:

Investment management

Firms:
Allen & Overy

Party: Crédit Agricole Corporate and Investment Bank (Global coordinator, Joint lead manager)

Party: Goldman Sachs (Global coordinator, Joint lead manager)

Party: JP Morgan (Global coordinator, Joint lead manager)

Party: Morgan Stanley (Global coordinator, Joint lead manager)

Party: Société Générale (Global coordinator, Joint lead manager)

Party: BofA Merrill Lynch (Joint lead manager)

Party: Citigroup (Joint lead manager)

Party: Deutsche Bank (Joint lead manager)

Party: UBS Investment Bank (Joint lead manager)

Party: ABN Amro (Co-manager)

Party: Banca IMI (Co-manager)

Party: BBVA (Co-manager)

Party: Banco Santander (Co-manager)

Party: Nomura (Co-manager)

Party: Unicredit (Co-manager)

Lawyers: Brice Henry, Diana Billik, Marc Castagnède, Olivier Thebault

Cleary Gottlieb Steen & Hamilton

Party: Amundi (Issuer)

Party: Société Générale (Shareholder)

Lawyers: Andrew Bernstein, Pierre-Yves Chabert, Sophie de Beer, Valérie Lemaitre

Clifford Chance

Party: Societé Générale (Shareholder)

Lawyers: Aline Cardin, Frédérick Lacroix, Mathieu Remy

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