Sun, Dec 21, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Commodities Exchanges, M&A, Trading Platforms more

Reliance Money to buy 15% in HKMEx

Posted on 14 October 2008

From Indiatimes.com: Reliance Money, the retail brokerage arm of Reliance Capital, is buying15% stake in Hong Kong Mercantile Exchange (HKMEx). This would be the first time an Indian firm is buying stake in an overseas exchange. The deal comes at a time when the global financial markets are in a state of flux.

ET had first reported that Reliance Money was close to picking up a substantial minority stake in HKMEx, in its edition dated September 6. As reported earlier, HKMEx was keen to sell up to 26% stake to Reliance Money….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031