CPP Investments Eyes Stake in IIFL Wealth Management
Posted on 04/28/2022
Canadian Pension Plan Investment Board (CPPIB or CPP Investments) is seeking to join Bain Private Equity and Bain Credit in acquiring minority stake in Mumbai-based IIFL Wealth Management Ltd, according to a public disclosure. In March 2022, Bain Capital agreed to acquire 24.98% stake in IIFL Wealth Management Limited for Rs 3,680 crore. The acquisition…
