Goldman Sachs is reportedly in talks with JM Financial to acquire promoters’ stake in the company. The promoters are likely to sell part or complete stake in the company to Goldman Sachs. However, the company has not yet confirmed anything on the said market speculation.
Earlier in September this year, JM Financial Products, wholly owned subsidiary of JM Financial offloaded its entire stake of around two percent in Max India for nearly Rs 100 crore through open market transactions.
JM Financial is an integrated financial services group, offering a wide range of services to a significant clientele that includes corporations, financial institutions, high net-worth individuals and retail investors.
Company Name | CMP |
---|---|
Bajaj Finserv | 1600.60 |
Paul Merchants | 853.00 |
Data Infrastructure | 162.00 |
IIFL Finance | 399.70 |
Embassy Office Parks | 340.11 |
View more.. |