Today ING Vysya Bank and Kotak
Mahindra Bank announced their merging; the value of the deal is approximately
15,000 crore, merging will help Kotak Mahindra Bank from ING Vysya Bank’s
strong SME business. Both banks have issued their amalgamation notices to the
stock exchanges.
Before, L&T Financial
Holdings expressed their interest in acquire ING Vysya, but it couldn’t
successful.
No comments:
Post a Comment