Invesco Buys 49% Stake In Religare Asset Management
Invesco said it will acquire the minority stake in Religare Asset Management Co. Ltd., one of India's largest asset management companies and a subsidiary of Religare Enterprises. The company had roughly $2.6 billion in assets under management as of Aug. 31, according to Thursday's release.
The deal is subject to...
To view the full article, register now.