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AXBKY Axis Bank Limited (PK)

0.00
0.00 (0.00%)
27 Sep 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Axis Bank Limited (PK) USOTC:AXBKY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.71 77.95 0.00 21:00:03

Schroders May Buy 30% Of India's Axis Asset Management - Report

14/03/2012 3:07am

Dow Jones News


Axis Bank (PK) (USOTC:AXBKY)
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U.K. asset manager Schroders PLC (SDR.LN) is likely to acquire about 30% of India's Axis Asset Management Co. Ltd., the Business Standard newspaper reported Wednesday, citing people aware of the matter who it didn't identify.

The deal will help Schroders revive its presence in India and end the Axis Bank Ltd. (532215.BY) company's search for a strategic partner in the mutual-fund business, the report added.

Senior management from Schroders' is likely to visit Mumbai next week to finalize the deal, the report said.

Newspaper website: http://www.business-standard.com

-By Mumbai Bureau, Dow Jones Newswires; 91 22 6145 6100; djn.in@dowjones.com

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