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Singapore Stock Exchange has picked up 5 per cent in Bombay Stock Exchange making it the second overseas bourse after Germany's Deutsche Boerse to buy into Asia's oldest stock exchange.
SGX paid Rs 5,200 per share of Re 1 each of BSE, which is the same amount paid by Deutsche Boerse, valuing the exchange at $855 million.
Earlier, New York Stock Exchange had acquired 5 per cent in National Stock Exchange for $115 million valuing NSE at $2.3 billion.
60 investors make a beeline for BSE
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