Brief: Investcorp Acquires IDFC Alternatives’ Private Equity And Real Estate Businesses

IDFC

30/01/2019 06:03

Jan 30 (Reuters) - INVESTCORP BANK  INVB.BH :
    * LAUNCHES IN INDIA WITH ACQUISITION OF IDFC
    * SAYS ACQUIRES PRIVATE EQUITY AND REAL ESTATE INVESTMENT
MANAGEMENT BUSINESSES OF IDFC ALTERNATIVES LIMITED (IDFC
ALTERNATIVES)
    * SAYS THE ACQUISITION IS EXPECTED TO CLOSE ON JANUARY 31,
2019
    * SAYS COMBINED ASSETS UNDER MANAGEMENT (AUM) OF THE INDIA
PRIVATE
EQUITY AND REAL ESTATE BUSINESSES ARE APPROXIMATELY $430 MILLION

Source: (https://bit.ly/2Sa7Muo)
Further company coverage:  INVB.BH 

 ((Reuters.Briefs@thomsonreuters.com;))