Business Daily from THE HINDU group of publications
Thursday, Aug 16, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Money & Banking - Mergers & Acquisitions
Markets - Financial Services
Lehman Brothers buying Brics unit

Mumbai, Aug. 15

Global investment bank Lehman Brothers has agreed to acquire the institutional equity group of Brics Securities, which is a part of JV Gokal Group. The terms of the transaction were not disclosed. The transaction will significantly expand Lehman Brothers’ presence in India by accelerating the development of the firm’s equities business and immediately establishing an equity research and sales function, said a company release.

— Our Bureau

More Stories on : Mergers & Acquisitions | Financial Services | Investment Banking

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Small borrowers still prefer informal route


Flexibility needed in ‘linkage model’: Survey
PNB hikes deposit rates
Centurion, LKB merger may be delayed
Lehman Brothers buying Brics unit


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line