Axis Capital, the investment banking arm of Axis Bank, has announced its tie-up with Baird, an international financial services firm.

The alliance would have an initial focus on cross-border mergers & acquisitions between India and Europe, and India and the US, Axis Capital said.

The alliance between Baird and Axis Capital is on an exclusive basis.

While the initial focus is on cross-border M&As, the relationship between the two banks also encompasses other investment banking engagements, subject to necessary regulatory approvals, such as public offerings in the US and private placements of equity.

(This article was published on December 18, 2012)
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