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HSBC to acquire 73.21% stake in IL&FS Investmart
Published on Sat, May 17 at 11:58 , Updated at Sat, May 17 at 12:13
Source : CNBC-TV18
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HSBC will pay IL&FS USD 19.4 million or Rs 82 crore as a part of three-year non-compete agreement. HSBC will also make open offer to acquire up to 20% remaining shares in IL&FS Investsmart. |
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