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Religare Enterprises enters into binding term sheet with Edelweiss group

20 Dec 2017 Evaluate

Religare Enterprises has entered into a binding term sheet with the Edelweiss group on December 19, 2017 to sell its interests in its retail broking business subject to necessary approvals.

Religare Enterprises is one of India’s leading diversified financial services groups. It offers an integrated suite of financial services including asset management, life and health insurance, lending, broking, investment banking, and wealth management.

Peers
Company Name CMP
Bajaj Finserv 1771.00
TVS Holdings 12493.90
Cholamandalam Fin. 1433.10
Altius Telecom Infra 175.00
Kama Holdings 2204.55
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