Edelweiss Financial Services is looking to sell a minority stake in its mutual fund (MF) arm. The company has initiated the process by hiring an investment banker.
"To further strengthen our international business, we are open to exploring opportunities with minority strategic partners, ensuring there is a strong alignment in values and vision," said Radhika Gupta, managing director and chief executive officer of Edelweiss MF.
The company also has plans to list Edelweiss MF and other businesses on exchanges in the coming years.
Denne historien er fra November 26, 2024-utgaven av Business Standard.
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Denne historien er fra November 26, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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\"All the world's a stage, and all the men and women merely players.\" If we start looking at ourselves as characters who perform, and observe where the stage is, a lot more can start to make sense.
