Acquisition

RNS Number : 5331M

Schroders PLC

18 September 2012

 



Schroders plc

Schroders completes acquisition of 25 per cent. interest in Axis Asset Management Company

18 September 2012

Further to the announcement on 27 April 2012, Schroders plc announces that following receipt of regulatory approvals its wholly owned subsidiary, Schroder Singapore Holdings Private Limited, has today completed the acquisition of 25 per cent. of the share capital of Axis Asset Management Company, the Indian asset management business of Axis Bank Limited.

For further information, please contact:

Schroders plc

Emma Holden - Head of Corporate Communications	[phone] [e-mail]
Axis Bank Limited
Julius Samson - Senior Vice President and Head, Corporate Communications			[phone]
		[e-mail]

 

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