{"id":15039,"date":"2024-08-20T22:01:07","date_gmt":"2024-08-20T16:31:07","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=15039"},"modified":"2024-08-20T22:01:07","modified_gmt":"2024-08-20T16:31:07","slug":"commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/","title":{"rendered":"Commission Approves IndusInd&#8217;s Acquisition of Shares in Invesco Asset Management and Invesco Trustee"},"content":{"rendered":"<p style=\"text-align: justify;\">The Competition Commission of India (CCI) has approved acquisition of shareholding in each of Invesco Asset Management (India) Private Limited and Invesco Trustee Private Limited by IndusInd International Holdings Limited.<\/p>\n<p style=\"text-align: justify;\">The proposed combination pertains to the acquisition of 60% shareholding in each of Invesco Asset Management (India) Private Limited (<strong>Invesco AMC<\/strong>) and Invesco Trustee Private Limited (<strong>Invesco Trustee<\/strong>) by IndusInd International Holdings Limited (<strong>IIHL<\/strong>) (<strong>Proposed Combination<\/strong>). IIHL will be holding the investment through its wholly owned and controlled subsidiary, IIHL AMC Holdings Limited (<strong>IIHL AMC<\/strong>), which has been incorporated specifically for the purposes of Proposed Combination.<\/p>\n<p style=\"text-align: justify;\">IIHL is a Global Business License (Category 1) licensee company incorporated in the Republic of Mauritius. The principal activity of IIHL is investment holding whereby IIHL holds shares in different companies spread across sectors.<\/p>\n<p style=\"text-align: justify;\">Invesco Trustee and Invesco AMC are the trustee company and asset management company respectively of Invesco Mutual Fund and are duly approved by SEBI under the provisions of the SEBI (Mutual Funds) Regulations, 1996. Invesco AMC is also registered as a portfolio manager under the SEBI (Portfolio Managers) Regulations, 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Competition Commission of India (CCI) has approved acquisition of shareholding in each of Invesco Asset Management (India) Private Limited and Invesco Trustee Private Limited by IndusInd International Holdings Limited. The proposed combination pertains to the acquisition of 60% shareholding in each of Invesco Asset Management (India) Private Limited (Invesco AMC) and Invesco Trustee Private &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10789,10787,10788],"class_list":["post-15039","post","type-post","status-publish","format-standard","","category-business-english-news","tag-commission-approval-impact","tag-indusind-acquisition-news","tag-invesco-asset-management-update"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Commission Approves IndusInd&#039;s Acquisition of Shares in Invesco Asset Management and Invesco Trustee - Matribhumi Samachar English<\/title>\n<meta name=\"description\" content=\"Learn about the recent approval of IndusInd&#039;s acquisition of shares in Invesco Asset Management and Invesco Trustee by the commission. Get insights into the implications and impact of this acquisition.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Commission Approves IndusInd&#039;s Acquisition of Shares in Invesco Asset Management and Invesco Trustee - Matribhumi Samachar English\" \/>\n<meta property=\"og:description\" content=\"Learn about the recent approval of IndusInd&#039;s acquisition of shares in Invesco Asset Management and Invesco Trustee by the commission. Get insights into the implications and impact of this acquisition.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/\" \/>\n<meta property=\"og:site_name\" content=\"Matribhumi Samachar English\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-20T16:31:07+00:00\" \/>\n<meta name=\"author\" content=\"Saransh Kanaujia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saransh Kanaujia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/\",\"url\":\"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/\",\"name\":\"Commission Approves IndusInd's Acquisition of Shares in Invesco Asset Management and Invesco Trustee - Matribhumi Samachar English\",\"isPartOf\":{\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#website\"},\"datePublished\":\"2024-08-20T16:31:07+00:00\",\"dateModified\":\"2024-08-20T16:31:07+00:00\",\"author\":{\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/0a61403f4baf9627e92218b53a1e65f1\"},\"description\":\"Learn about the recent approval of IndusInd's acquisition of shares in Invesco Asset Management and Invesco Trustee by the commission. Get insights into the implications and impact of this acquisition.\",\"breadcrumb\":{\"@id\":\"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/matribhumisamachar.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Commission Approves IndusInd&#8217;s Acquisition of Shares in Invesco Asset Management and Invesco Trustee\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#website\",\"url\":\"https:\/\/matribhumisamachar.com\/en\/\",\"name\":\"Matribhumi Samachar English\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/matribhumisamachar.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/0a61403f4baf9627e92218b53a1e65f1\",\"name\":\"Saransh Kanaujia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/45a8b03a1b1bb8255014f5e62f9cfea0eb8a9f7a6a604f9879038df08da23cea?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/45a8b03a1b1bb8255014f5e62f9cfea0eb8a9f7a6a604f9879038df08da23cea?s=96&d=mm&r=g\",\"caption\":\"Saransh Kanaujia\"},\"description\":\"Saransh Kanaujia is currently editor of Matribhumi Samachar Group. He earlier worked with Hindusthan Samachar News Agency. He is also associated with many organizations.\",\"sameAs\":[\"https:\/\/matribhumisamachar.com\/en\"],\"url\":\"https:\/\/matribhumisamachar.com\/en\/author\/matribhumisamachar\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Commission Approves IndusInd's Acquisition of Shares in Invesco Asset Management and Invesco Trustee - Matribhumi Samachar English","description":"Learn about the recent approval of IndusInd's acquisition of shares in Invesco Asset Management and Invesco Trustee by the commission. Get insights into the implications and impact of this acquisition.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/","og_locale":"en_US","og_type":"article","og_title":"Commission Approves IndusInd's Acquisition of Shares in Invesco Asset Management and Invesco Trustee - Matribhumi Samachar English","og_description":"Learn about the recent approval of IndusInd's acquisition of shares in Invesco Asset Management and Invesco Trustee by the commission. Get insights into the implications and impact of this acquisition.","og_url":"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/","og_site_name":"Matribhumi Samachar English","article_published_time":"2024-08-20T16:31:07+00:00","author":"Saransh Kanaujia","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Saransh Kanaujia","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/","url":"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/","name":"Commission Approves IndusInd's Acquisition of Shares in Invesco Asset Management and Invesco Trustee - Matribhumi Samachar English","isPartOf":{"@id":"https:\/\/matribhumisamachar.com\/en\/#website"},"datePublished":"2024-08-20T16:31:07+00:00","dateModified":"2024-08-20T16:31:07+00:00","author":{"@id":"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/0a61403f4baf9627e92218b53a1e65f1"},"description":"Learn about the recent approval of IndusInd's acquisition of shares in Invesco Asset Management and Invesco Trustee by the commission. Get insights into the implications and impact of this acquisition.","breadcrumb":{"@id":"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/matribhumisamachar.com\/en\/2024\/08\/20\/commission-approves-indusinds-acquisition-of-shares-in-invesco-asset-management-and-invesco-trustee\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/matribhumisamachar.com\/en\/"},{"@type":"ListItem","position":2,"name":"Commission Approves IndusInd&#8217;s Acquisition of Shares in Invesco Asset Management and Invesco Trustee"}]},{"@type":"WebSite","@id":"https:\/\/matribhumisamachar.com\/en\/#website","url":"https:\/\/matribhumisamachar.com\/en\/","name":"Matribhumi Samachar English","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/matribhumisamachar.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/0a61403f4baf9627e92218b53a1e65f1","name":"Saransh Kanaujia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/45a8b03a1b1bb8255014f5e62f9cfea0eb8a9f7a6a604f9879038df08da23cea?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/45a8b03a1b1bb8255014f5e62f9cfea0eb8a9f7a6a604f9879038df08da23cea?s=96&d=mm&r=g","caption":"Saransh Kanaujia"},"description":"Saransh Kanaujia is currently editor of Matribhumi Samachar Group. He earlier worked with Hindusthan Samachar News Agency. He is also associated with many organizations.","sameAs":["https:\/\/matribhumisamachar.com\/en"],"url":"https:\/\/matribhumisamachar.com\/en\/author\/matribhumisamachar\/"}]}},"_links":{"self":[{"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/15039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/comments?post=15039"}],"version-history":[{"count":1,"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/15039\/revisions"}],"predecessor-version":[{"id":15059,"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/15039\/revisions\/15059"}],"wp:attachment":[{"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media?parent=15039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/categories?post=15039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/matribhumisamachar.com\/en\/wp-json\/wp\/v2\/tags?post=15039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}