Profit

Edelweiss Ends Deal To Buy Religare Enterprises Securities Unit

Edelweiss Group's wealth management unit had in December said it would acquire the securities business of Religare Enterprises for an undisclosed sum.

 Share
EMAIL
PRINT
COMMENTS
Edelweiss Ends Deal To Buy Religare Enterprises Securities Unit
Edelweiss Financial Services Ltd said on Friday its acquisition of Religare Enterprises Ltd's securities business had been terminated for want of necessary approvals.

"Due to the seller's inability to obtain the requisite clearances within the agreed timeline, the binding agreement has come to an end on March 15, 2018," the company said in a statement. 

Edelweiss Group's wealth management unit had in December said it would acquire the securities business of Religare Enterprises for an undisclosed sum.
© Thomson Reuters 2018


Get the latest election news, live updates and election schedule for Lok Sabha Elections 2019 on ndtv.com/elections. Like us on Facebook or follow us on Twitter and Instagram for updates from each of the 543 parliamentary seats for the 2019 Indian general elections.

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top