General Atlantic-backed IIFL Wealth to acquire L&T Capital Markets

General Atlantic-backed IIFL Wealth to acquire L&T Capital Markets

Photo: Mint

IIFL Wealth, the wealth management business of IIFL group, on Wednesday said that it has entered into a definitive agreement to acquire 100% equity shares of L&T Capital Markets Ltd (LTCM), a subsidiary of L&T Finance Holdings Ltd, which provides wealth management services for individual and institutional clients.

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