On 17 November 2014
Financial Technologies (India) announced that the Board of FT Group Investments Mauritius FTGIPL), wholly owned subsidiary of Financial Technologies (India) (FTIL) on 17 November 2014 approved the sale of 100% of its stake in Bourse Africa, Mauritius (together with its wholly owned subsidiary Bourse Africa Clear) to Continental Africa Holdings (CAHL), Mauritius, for US$ 40.5 million, subject to certain approvals in Mauritius and in India, as may be applicable.FTGIPL on 17 November 2014 signed a definitive agreement with CAHL, subject to certain customary closing conditions. The entire transaction is expected to be completed within the next 210 days.
Powered by Capital Market - Live News
