This content is from:APP亚博娱乐
HDFC To Buy BSE Stake
HDFC Bank will acquire a 1% stake in Bombay Stock Exchange through a preferential allotment.
HDFC Bankwill acquire a 1% stake inBombay Stock Exchange(BSE) through a preferential allotment,Economic Timesreports.The bank will buy about one million shares at a price of$8.3 per share.
The preferential offer has valued the exchange at $850 million. Previously,George Soroshad bought about a 4% stake in BSE through his hedge fundQuantum (Mauritius)in August 2010.
Click here for the story fromEconomic Times.