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IndusInd International to acquire 60pc stake in Invesco India

Mauritius-based IndusInd International Holdings Limited (IIHL) has entered into an agreement with global investment management firm Invesco to acquire a 60% stake in its Indian unit IAMI which boasts more than $1.6 trillion in assets under management.

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Stock Market Today: Top 10 things to know before the market opens

Trends in the GIFT Nifty indicate a firm start for the broader index in India, with a gain of 55 points or 0.24 percent.

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IndusInd International Holdings Limited (IIHL) to partner with Invesco and acquire 60% stake in Invesco India Asset Management Limited (IAMI)

IndusInd International Holdings Limited (IIHL) to partner with Invesco and acquire 60% stake in Invesco India Asset Management Limited (IAMI)
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