Wealth 
Offline
|
|||||||
 | |||||||
| Price + |
| Intraday Chart |
| Financials |
| News |
| Messages |
| Reports |
| Block Deals |
| Corporate Announcements |
| MF Holdings |
| Compare with Peer |
Market Round Up
Pre Market Cues
From CNBC-TV18
More News & Analysis
HSBC to acquire 73.21% stake in IL&FS Investmart
2008-05-17 12:13:34 Source : News Bulletins/CNBC-TV18
| ads by google |
HSBC plans to make an acquisition through its group subsidiaries, HSBC Securities and Capital Markets (India). It will acquire 73.21% stake in IL&FS Investmart at Rs 200 per share for USD 241.6 million.
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.
|
 |
|  |
| Related links: | |
 |
 |
 |
Rate this article
- Jul 18, 17:30
- Last Price
- Change
- Volume
- BSE
- Rs.196.75
-1.10 -0.56%- 120387
- NSE
- Rs.196.80
- -1.00 -0.51%
- 117768
- Messages
- Add to:
 |
on IL&FS Investsma |
 |
Have a tip or opinion? | Post your view |
MF View on IL&FS Investsma  |
|
Are MFs buying or dumping IL&FS Investsma? |
|
Are Fund Managers betting on Banking/Finance sector? |
Most Popular
Top Rated
Editor's Pick
|
||||||||||||||||||||||||||||||||||||
| Related links |