Brief: IL&FS Investment Managers acquires controlling stake of IL&FS Infra Asset Management

IL&FS Investment Managers

03/01/2017 09:21

Jan 3 (Reuters) - Il & Fs Investment Managers Ltd  ILFS.NS  
    * IL & FS Investment Managers says acquisition of 
controlling stake of IL&FS Infra Asset Management limited and 
IL&FS AMC Trustee Limited 
    * Acquired 86.61% stake of IL&FS Infra Asset Management 
Limited and 100% stake of IL&FS AMC Trustee Limited 
 
Source text: [IL&FS Investment Managers Ltd has informed BSE 
that subsequent to Securities and Exchange Board of India 
approval, the Company has acquired 86.61% stake of IL&FS Infra 
Asset Management Limited and 100% stake of IL&FS AMC Trustee 
Limited, in order to acquire the Infrastructure Debt Fund (IDF) 
business from IL&FS Financial Services Limited] 
 
Further company coverage:  ILFS.NS  
 
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