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BNP Paribas eyeing Sharekhan exit?
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BNP Paribas eyeing Sharekhan exit?
31 August 2023
According to market sources, BNP Paribas, a European Bank, is planning to fully exit from the Mumbai-based retail brokerage firm Sharekhan. It is reported that three Indian financial services companies, as well as a Korean and a Japanese firm, have expressed their interest in purchasing the 100% stake of BNP Paribas in Sharekhan. It is believed that at least five players are currently in the bidding process.
According to market sources, BNP Paribas, a European Bank, is planning to fully exit from the Mumbai-based retail brokerage firm Sharekhan. It is reported that three Indian financial services companies, as well as a Korean and a Japanese firm, have expressed their interest in purchasing the 100% stake of BNP Paribas in Sharekhan. It is believed that at least five players are currently in the bidding process.
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