Business Daily from THE HINDU group of publications Wednesday, Dec 10, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Info-Tech
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Mergers & Acquisitions Financial Tech to buy 60% stake in Bourse Africa Our Bureau Mumbai, Dec. 9 Financial Technologies India Ltd group has inked a deal to acquire 60 per cent stake in Botswana-based Bourse Africa Ltd, which has been licensed by Government of Botswana, to set up spot and / or derivative multi-asset exchange for trading in commodities, currencies, bonds and diamonds. The balance equity in Bourse Africa will be held by other African financial institutions, banks, global multi-lateral developmental ventures, exchanges and other strategic investors, according to a press release issued here. More Stories on : Mergers & Acquisitions | Commodity Markets | Overseas Investments
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