Markets regulator Sebi has approved the acquisition of
IDFC Asset Management Company Limited (IDFC AMC) by a consortium comprising Bandhan Financial Holdings Limited, GIC and ChrysCapital.
In a release on Wednesday, IDFC AMC said the proposed deal has been cleared by Sebi.
Last month, the Reserve Bank of India's (RBI) approved the deal and the Competition Commission of India (CCI) gave its clearance in August.
In April, the board of directors of IDFC Limited and IDFC Financial Holding Company Limited... Читать дальше...