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Fortune Financial Services to acquire 100% stake of Antique Stock Broking

20 Nov 2013 Evaluate

Fortune Financial Services India and its subsidiary have entered into Memorandum of Understanding (MoU) for acquisition of 100% stake of Antique Stock Broking and agreement for Transfer of investment banking division of Antique Capital Markets with Antique Finance / its subsidiary, subject to applicable regulatory and other approvals and conditions.

Fortune Financial Services (India) and its wholly-owned subsidiaries, is engaged in providing a range of Financial Services right from Equities and Derivatives trading, Equity Research, Commodities Trading, Portfolio Management Services, Distribution of Mutual Funds, IPO & Insurance products and also Investment banking services.

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