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Canada’s Manulife acquires 49% stake in India’s Mahindra AMC

By Goh Thean Eu  
  • Asia
  • Canada
  • India
Manulife Investment Management (Manulife) has acquired a 49% stake in India’s Mahindra AMC for US$34.9 million as the Canadian firm looks to tap into the Asian emerging market giant’s growing middle class market. Mumbai-based Mahindra...

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