advisors

IIFL Holdings’ arm to acquire stake in Wealth Advisors

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IIFL Holdings’ subsidiary — IIFL Wealth Management — will acquire entire share capital of Chennai-based Wealth Advisors India. IIFL Wealth would conclude the transaction for a consideration of Rs 235 crore. This move is expected to further fortify 10 year old IIFL Wealth’s presence in the south as Wealth Advisors has a formidable presence in … Read more

UBS, Saigon Securities selected as advisors for Vinamilk’s 3.3 percent stake sale

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Vietnam’s State Capital Investment Corporation (SCIC) has selected Saigon Securities Inc (SSI) and the Singaporean branch of Swiss financial services firm UBS AG to become the advisors for dairy firm Vietnam’s biggest dairy producer Vinamilk next stake sale. Based in Hanoi, brokerage house SSI is a repeated advisor, along with Morgan Stanley’s Singaporean branch and … Read more

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