Business Standard

Bank of Baroda acquires balance stake in Baroda Pioneer AMC and Baroda Pioneer Trustee Company

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Capital Market

On 28 September 2018

Bank of Baroda has completed the acquisition of 51% equity stake in both Baroda Pioneer Asset Management Company and Baroda Pioneer Trustee Company from UniCredit SpA on 28 September 2018.

Pursuant to the acquisition, Bank of Baroda will hold 100% equity share capital in both Baroda Pioneer Asset Management Company and Baroda Pioneer Trustee Company.

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First Published: Sep 29 2018 | 6:40 PM IST

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