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Baring PE Asia in talks to buy IDFC’s stake in Sharekhan

By Anuradha Verma

  • 26 Dec 2014
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Baring PE Asia in talks to buy IDFC’s stake in Sharekhan

Private equity firm Baring Private Equity Asia is in an advanced stage of discussions to acquire around 9-10 per cent equity stake held by financial services company IDFC Ltd in the Mumbai-based brokerage firm Sharekhan Ltd, it is learnt.IDFC held 3.43 million compulsorily convertible debentures (CCDs) of face value Rs ......

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