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Bank Of India Acquires 51% In Bharti AXA

Bank Of India Acquires 51% In Bharti AXA

Bank of India is acquiring 51% in Bharti AXA Investment Managers, part of AXA Group. According to the deal structure, BOI will acquire 51% of the equity and the balance will be with AXA Group. Post regulatory approval, the bank will acquire 25% stake from Bharti Enterprises and 26% from the Axa ...

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Future Group Founder To Sell Stake In Lee Cooper

Future Group Founder To Sell Stake In Lee Cooper

Kishor Biyani, the Future Group founder has mandated Kotak Mahindra Bank to scout for the potential financial backer for Lee Cooper's apparel business. The deal would value the apparel business at over R1200 Cr ($200 Mn).

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