The Rohatyn Group, Baring Asia, IDFC Alternatives and Samara Capital Sell to BNP Paribas (Asia)

Source: BNP Paribas, Livemint  |  Author(s): Pooja Sarkar

Global bank BNP Paribas has agreed to acquire India-based online brokerage company Sharekhan, which is backed by private equity firms The Rohatyn Group, Baring Private Equity Asia, IDFC Alternatives and Samara Capital. BNP Paribas is acquiring 100 percent of the company for a reported INR22 billion (approximately US$344 million). The transaction is subject to regulatory approval.