Abrdn Investment Management set to exit HDFC AMC - Jobs World

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Monday, June 19, 2023

Abrdn Investment Management set to exit HDFC AMC

Abrdn Investment Management set to exit HDFC AMC https://ift.tt/vmZd7XB Investment Management, formerly known as Standard Life, plans to sell its entire 10.2% stake in HDFC Asset Management Company in an open market transaction. The sale of 2.18 crore shares will be priced between Rs 1,800 and Rs 1,892.45 per unit, with an expected value of Rs 3,920 crore.

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