SBI Funds Management IPO: Amundi set for 25x return from partial stake sale
The proposed SBI Funds Management IPO is set to deliver a sizeable return for French asset manager Amundi, which is expected to realise nearly ₹4,400 crore by partially selling a stake it acquired around 15 years ago for just ₹173.9 crore. Under the proposed public issue, Amundi India Holding will offload 7.53 crore equity shares,…
