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HSBC to buy majority in Indian broker for $261 mln - Reuters

MUMBAI, May 17 (Reuters) - HSBC (HSBA.L: Quote , Profile , Research ) said on Saturday it will acquire 73.21 percent of Indian brokerage IL&FS Investsmart (ILFI.BO: Quote , Profile , Research ) in an all-cash deal for $261 million to boost its ...

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