SBI, French partner Amundi to divest 10% in SBI Funds via IPO
The Economic Times·2025-11-07 09:30
SynopsisState Bank of India and France's Amundi will sell a 10% stake in their asset management firm, SBI Funds Management. This will be done through an initial public offer. SBI will divest 6.3% and Amundi 3.7%. The IPO is expected to be completed in 2026. SBI Funds Management will be the third SBI subsidiary to list. ...