GIC Part of Investor Group that Buys IDFC Asset Management Company
Posted on 04/07/2022
An investment group comprised of Bandhan Financial Holdings Limited, Singapore’s sovereign wealth fund GIC Private Limited, and private equity firm ChrysCapital is set to acquire IDFC Asset Management Company Limited for Rs 4,500 crore (US$ 595 million). IDFC Asset Management Company oversees the IDFC Mutual Fund. The deal agreement wants to have continuity of the…
