Promoter Abrdn sells entire stake in HDFC AMC for Rs 4,079 cr; Morgan Stanely, SBI MF among buyersThis follows the UK investor’s exit from private insurer HDFC Life, where it sold some INR2,000cr of shares in the pre-merger stake sale. H...
20 Jun, 2023, 10.25 PM IST
UK's abrdn exits India's HDFC AMC in $432 mln stake saleBritish asset manager abrdn plc has sold its entire 10.2% stake in India's HDFC Asset Management Co Ltd for about Rs 3,547 crore, or about ...
20 Jun, 2023, 06.26 PM IST
Abrdn makes up to 126x return by selling HDFC AMC sharesUK-based Abrdn Investment Management has sold its 2.18 crore shares in HDFC Asset Management Company for 126 times the price at which it ac...
20 Jun, 2023, 12.21 PM IST
HDFC AMC shares jump 8% on stake sale by promoter Abrdn InvestmentShares of HDFC Asset Management Company (AMC) surged 8% after the UK-based Abrdn Investment Management, which held a 10.2% stake in the com...
20 Jun, 2023, 09.37 AM IST
Abrdn Investment Management set to exit HDFC AMCAbrdn Investment Management, formerly known as Standard Life, plans to sell its entire 10.2% stake in HDFC Asset Management Company in an o...
20 Jun, 2023, 06.00 AM IST
Promoter Abrdn Investment to sell entire stake in HDFC AMC via block dealPromoter Abrdn Investment Management is set to sell its entire 10.2% stake in HDFC AMC through block deals, offering 2.18 crore shares at R...
19 Jun, 2023, 07.51 PM IST
Abrdn's exit from HDFC Life nets 14x gains since JV formation in 2000Abrdn, which had been a partner in the joint venture with HDFC Life, made investments of ₹2,400 crore since 2000. Last month, Abrdn made a ...
13 Jun, 2023, 12.28 AM IST
Abrdn sells 1.66% stake in HDFC Life for Rs 2,069 croreSBI Mutual Fund bought 1.42 crore shares worth ₹823 crore, while Society Generale purchased 33 lakh shares worth ₹193 crore. Other large bu...
01 Jun, 2023, 06.18 AM IST
These hedge funds, FPIs, domestic MFs picked up Abrdn’s stake in HDFC LifeInvestment firm Abrdn has sold its 1.66% stake in HDFC Life Insurance, through its affiliate abrdn (Mauritius Holdings) 2006. Abrdn sold 3,...
31 May, 2023, 11.08 PM IST
Abrdn exits HDFC Life, sells entire stake for Rs 2,069 crAbrdn, a promoter of HDFC Life Insurance, on Wednesday divested its entire 1.66 per cent stake in the firm for Rs 2,069 crore through open ...
31 May, 2023, 09.57 PM IST
Promoter group Abrdn likely to offload entire stake in HDFC Life via block deal: ReportUK-based Abrdn is set to sell its 1.66% stake in HDFC Life via a block deal, which will take place on Wednesday. The stake is being sold at...
30 May, 2023, 10.00 PM IST
Promoter abrdn Investment plans to sell entire 10.2% stake in HDFC AMCOf the 10.21 per cent stake, abrdn Investment is looking to place up to 2,11,18,578 shares, amounting to 9.9 per cent with a single buyer, ...
08 Dec, 2022, 09.45 AM IST
Abrdn to sell its entire 10.2% stake in HDFC AMCThe brokerage said the move will alleviate the supply risk in the stock. In a notice to the stock exchanges, HDFC AMC said co-sponsor abrdn...
08 Dec, 2022, 06.02 AM IST
Promoter abrdn Investment to sell entire 10.2% stake in HDFC AMCConsequent to the stake sale, abrdn Investment Management will cease to be a co-sponsor of HDFC Mutual Fund; the sale could fetch the UK fi...
06 Dec, 2022, 08.35 PM IST
HDFC Life rises 5% on block deal in counterAccording to the merchant bankers, the Edinburgh-based Abrdn, had offered the shares in the price band of Rs 564.1 to Rs 578.55, which is a...
13 Sep, 2022, 11.01 AM IST
Abrdn to sell 4.3 crore shares of HDFC Life to raise up to Rs 2,425 crore via block dealThe Edinburgh-based company, which was formerly known as Standard Life Aberdeen, has offered the shares in the price band of Rs 564.1 to Rs...
12 Sep, 2022, 09.12 PM IST
To 'e' or not to 'e'? Call us Abrdn, says UK asset manager Standard Life AberdeenThe new name, unveiled on Monday, will still be pronounced "Aberdeen" and comes after the company sold its Standard Life brand to life insu...
26 Apr, 2021, 09.43 PM IST