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Business Tit-Bits: The HDFC Merger 3 года назад


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Business Tit-Bits: The HDFC Merger

In the biggest merger in the history of India Inc, mortgage firm HDFC Ltd will merge with HDFC Bank, creating a banking behemoth with a market capitalisation of Rs 14 lakh crore. After the merger, HDFC Bank will be 100 per cent owned by public shareholders, and existing shareholders of HDFC Ltd will own 41 per cent of HDFC Bank. Shareholders of HDFC Ltd will receive 42 shares of HDFC Bank (face value of Re 1 each) for 25 shares of HDFC Ltd of Rs 2 each — a ratio of 1:1.68. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter. #HDFCLtd #HDFCBank #HDFCMerger #DeepakParekh"#HWNews To Join HW Membership Program: https://hwnews.in/subscribe To Join Youtube Membership -    / @hwnewsenglish   SUBSCRIBE to HW News English Here ► http://bit.ly/Subscribe-HWNews-English For advertising related queries write to us at [email protected] Connect With Us On: → Koo: https://www.kooapp.com/profile/hwnews... → Facebook:   / hwnewsenglish   → Twitter:   / hwnewsenglish   → Instagram:   / hwnewsenglish   For More Videos Visit Here: https://hwnews.in/

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