Affin Hwang AM rebrands itself with completion of purchase by CVC Capital


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.

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