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JM Financial’s arm enters into MoU with Seabury Corporate Finance

17 Aug 2015 Evaluate

JM Financial Institutional Securities, a wholly owned subsidiary (WOS) of JM Financial has entered into a Memorandum of Understanding (MoU) with Seabury Corporate Finance LLC, a subsidiary of Seabury Group LLC for strategic co-operation to provide Investment Banking advisory services to Indian corporates for their activities in the Aviation, Aerospace, and Defense business. The MoU signed between JM Financial and Seabury will enable co-operation among the two parties in laying the foundation for significant expansion in Aviation, Aerospace, and Defense related Investment Banking Advisory in India.

Under the agreement, JM Financial and Seabury will jointly provide Investment Banking Advisory services to each party's clients who may be seeking investment opportunities or may like to identify suitable strategic partnerships for their respective businesses. Both companies will seek to leverage their client relationships, as well as their regional and domestic expertise in a mutually beneficial manner.

JM Financial is an integrated financial services group offering a wide range of capital market services to its corporate and individual clients.

Peers
Company Name CMP
Bajaj Finserv 1839.60
TVS Holdings 12760.40
Cholamandalam Fin. 1511.75
Altius Telecom Infra 175.50
Kama Holdings 2250.50
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