Bandhan-led consortium acquires IDFC MF; what it means for investors
On Wednesday, 6th April 2020, Bandhan Financial Holdings Limited, ChrysCapital and Government of Singapore Investment Corporation, collectively as a Bandhan-led consortium, have agreed to buy IDFC Mutual Fund for Rs 4,500 crore. In this consortium, Bandhan Financial Holding, ChrysCapital and GIC will hold equity in the ratio of 3:1:1, respectively. ChrysCapital, with around $4 billion […] Read More