04.05.2010 - Temasek buys 5pct stake in India's NSE from NYSE
From Thehindubusinessline.com: Temasek Holdings has picked up a 5 per cent stake in National Stock Exchange of India. The market buzz was that Temasek picked up this stake for $150 million from NYSE Euronext, which has exited the National Stock Exchange through this sale. Foreign direct investment (FDI) regulations do not allow a foreign entity to hold more than 5 per cent stake in an Indian stock exchange.............................................Full Article: Source
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