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IIHL to partner with Invesco and acquire 60 pc stake in IAMI

Hinduja Group's IIHL to acquire 60% stake in Invesco India Asset Management

IIHL is the promoter entity of IndusInd Bank, the fifth largest private lender in India listed on the BSE and the NSE.

Newsbreak confirmed: Hinduja Group's IIHL acquires 60% stake in Invesco India Asset Management

IAMI is the Indian arm of Invesco Ltd, a leading independent global investment management firm with over $1.6 trillion in assets under management

Hinduja Group's IIHL to acquire 60% stake in Invesco India Asset Management

IndusInd International Holdings Limited (IIHL), a Mauritius-based investment holding company backed by the Hinduja Group, and Invesco Ltd have announced to enter into a definitive agreement to form a joint venture which will see IIHL acquire 60 .

Reliance Capital: IRDAI seeks more details from IIHL to approve deal for Reliance Capital's insurance business