Amundi completes EUR 620 million deal for Intermediate Capital stock

Published on 10/18/2026 at 12:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi cut its target to GBp 2,400 on October 12, 2026. USD 126 billion AUM at June 30 frames Intermediate Capital stock for the next update.

Capital partnership and reporting date

Amundi finalized a 9.9 percent stake worth EUR 620 million on September 17, 2026.
Intermediate Capital reported USD 126 billion in assets under management at June 30, 2026.
ICG is scheduled to publish half-year results on November 11, 2026.

Intermediate Capital, GB00BYT1DJ19, Illustration mit AI erstellt.

Intermediate Capital (ISIN GB00BYT1DJ19) was part of an Amundi transaction finalized on September 17, 2026, covering a 9.9 percent stake valued at EUR 620 million. According to France Epargne, the agreement also included a ten-year distribution arrangement.

Partnership adds strategic scale

The transaction gives the partnership a direct link to Intermediate Capital's private-markets platform, while the EUR 620 million consideration provides a clear measure of the investment. Intermediate Capital's shareholder page identifies the firm as a London Stock Exchange company and a FTSE 100 constituent, with USD 126 billion in assets under management at June 30, 2026.

What does the target imply?

Markets Insider reported that Citi cut its target from GBp 2,420 to GBp 2,400 on October 12, 2026, a reduction of GBp 20 or 0.83 percent. The same day's Markets Insider report said Jefferies maintained a Buy rating and set a GBp 2,700 target, GBp 300 above Citi's revised level.

Three dated milestones

On May 21, 2026, Intermediate Capital's results coverage cited quarterly revenue of GBp 394.4 million and net profit of GBp 181.1 million for the period ending March 31, 2026, according to Markets Insider. On July 15, 2026, the company published its trading update for the three months ended June 30, 2026, with AUM at USD 126 billion. On September 17, 2026, Amundi finalized the 9.9 percent, EUR 620 million stake transaction, as reported by France Epargne.

Next reporting date

Intermediate Capital's shareholder calendar lists November 11, 2026 as the date for its half-year results announcement, giving investors the next formal checkpoint for fundraising, fee income and asset growth.

London price context

On the London Stock Exchange, ICG was last at GBp 1,796.00 on October 16, 2026 at 5:00 p.m. London time. Its 52-week range was GBp 1,424.88 to GBp 2,148.00. The last Tradegate quote stood at EUR 21.40 on October 14, 2026 at 10:15 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Intermediate Capital stock.