deutsche-b÷rse-buys-5-of-indias-bse

Deutsche B÷rse buys 5% of India's BSE

The 5% stake in the Bombay Stock Exchange values the Indian exchange at $854 million.
February 14, 2007
Deutsche Brse will buy a 5% stake in the Bombay Stock Exchange for Rs1.89 billion $42.7 million representing a value of Rs37.8 billion $854 million for the Indian bourse.

BSE, which was established in 1875, is the oldest stock exchange in Asia. It is a corporatised entity and is presently in the process of demutualisation. The BSE has a network across 417 cities and towns of India. Companies listed on the BSE have a total market capitalisation of $850 billion.

Deutsche Brse is the largest exchange organisation worldwide with the Frankfurt Stock Exchange and the world's leading derivatives exchange Eurex among its major markets. Deutsche Brse is itself listed on the...
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