Hinduja Group's IIHL Explores Majority Stake in Invesco AMC

submitted 4 days ago by kunalsingh to misc

In a major development in the financial sector, IndusInd International Holdings Limited (IIHL), part of the Hinduja Group, is in discussions to acquire a majority stake in Invesco Asset Management Company. This potential acquisition could significantly reshape the asset management landscape in India, highlighting the growing interest among key players in diversifying their portfolios. Stay tuned for updates as negotiations progress, as they may lead to considerable changes in investment management services.