New Deal
Announced
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Financials
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Lic Mutual Fund
Idbi (mutual Fund Business)
Idbi Bank
Sources
Tags
Majority
Domestic
Acquisition
India
Investment Banking
Pending
mutual funds
Private
Friendly
Single Bidder
Synopsis
LIC Mutual Fund, an asset manager, agreed to acquire the mutual fund business of IDBI Bank, a development finance institution. Financial terms were not disclosed.
Service Providers (1)
Dealmakers
Azb & Partners
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