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

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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