Canadian insurance multinational Manulife is entering the Indian mutual fund industry through a strategic stake buy in Mahindra Asset Management Company, a source in the financial industry told Moneycontrol.

— Moneycontrol

AZB & Partners advised Manulife Asset Management (Singapore) Pte. Ltd on the joint venture led by a team of partner Rushabh Maniar.

2019-06-21

Deal value: USD 35 Million / INR 2.44 Billion

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.