KUALA LUMPUR: CVC Capital Partners has completed its acquisition of a 68 per cent stake in Affin Hwang Asset Management Bhd (Affin Hwang AM) and it has now ceased to be a subsidiary of Affin Hwang IB.
In a statement today, the completion of the deal "marks a new chapter” for the company, enabling it to chart its next growth phase to elevate its wealth platform as well as spur digitalisation to enhance client experience.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
