Business Standard

Deutsche Boerse takes 5% BSE stake

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BS Reporter Mumbai
Bombay Stock Exchange has decided to divest 5% equity in favour of Deutsche Boerse at an enterprice value of $910 million. This was announced by Rajnikant Patel, CEO and MD, BSE, today.

He did not rule out the possibility of  divesting stake to to other stock exchanges.

He added that there was no decision yet for an IPO.

 

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First Published: Feb 14 2007 | 4:45 PM IST

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