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.
Founded in 1993 under the leadership of S.P. Hinduja, IIHL is an investment holding company well regulated by the Financial Service Commission, Mauritius, under a global business licence.
IndusInd International Holdings Limited (IIHL) to partner with Invesco and acquire 60% stake in Invesco India Asset Management Limited (IAMI) orissadiary.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissadiary.com Daily Mail and Mail on Sunday newspapers.
IIHL is a Mauritius-based investment holding company with several investments in banking and financial services firms, including private sector lender IndusInd Bank, while IAMI is the Indian arm of the global investment management firm Invesco having over USD 1.6 trillion in assets under management. Get more Companies News and Business News on Zee Business.