In a major deal in the banking sector, Kotak Mahindra Bank announced that it will acquire ING Vysya Bank in an all stock deal. Kotak Mahindra Bank will give 725 shares for every 1000 shares of ING Vysya, reports ET..Amarchand Mangaldas Mumbai acted for Kotak Mahindra Bank with a team led by Managing Partner Cyril Shroff along with Partners Ashwath Rau and Shishir Vayttaden..AZB & Partners acted for ING Vysya with team led by Partners Ashwin Ramanathan and Essaji Vahanvati.
In a major deal in the banking sector, Kotak Mahindra Bank announced that it will acquire ING Vysya Bank in an all stock deal. Kotak Mahindra Bank will give 725 shares for every 1000 shares of ING Vysya, reports ET..Amarchand Mangaldas Mumbai acted for Kotak Mahindra Bank with a team led by Managing Partner Cyril Shroff along with Partners Ashwath Rau and Shishir Vayttaden..AZB & Partners acted for ING Vysya with team led by Partners Ashwin Ramanathan and Essaji Vahanvati.