Bandhan bank acquires Gruh Finance
What is the Bandhan-Gruh deal? In an all-shares swap deal, Bandhan bank acquires Gruh Finance, a subsidiary of HDFC Ltd. Shareholders of Gruh Finance will receive 568 shares of Bandhan Bank for every 1000 shares of Gruh Finance. The deal valued Gruh Finance at 7% discount and on the Market Price of 4th January 2019. … Read more