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    HSBC gets Sebi nod to acquire L&T Investment

    Synopsis

    HSBC has received Sebi’s nod to acquire L&T Investment Managers. HSBC had announced the acquisition of L&T Finance Holdings’ MF business for $425 million in December. The schemes operated by L&T MF will be transferred to HSBC MF and merged or consolidated with identified schemes in line with regulatory guidelines

    HSBC Gets Sebi Nod to Acquire L&T InvestmentAgencies
    HSBC has received Sebi’s nod to acquire L&T Investment Managers. HSBC had announced the acquisition of L&T Finance Holdings’ MF business for $425 million in December. The schemes operated by L&T MF will be transferred to HSBC MF and merged or consolidated with identified schemes in line with regulatory guidelines



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    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2024 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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