Goldman Sachs acquires BSE shares worth Rs 401 cr via market deal

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Goldman Sachs acquires BSE shares worth Rs 401 cr via market deal - Business Standard

Quick Summary:

Banking and financial services major Goldman Sachs on Wednesday bought shares of leading stock exchange BSE for Rs 401 crore through an open market transaction.

According to the bulk deal data available on National Stock Exchange (NSE), US-based Goldman Sachs through its arm Goldman Sachs (Singapore) purchased 7.28 lakh shares of BSE Ltd.

The shares of Mumbai-headquartered BSE were picked up at an average price of Rs 5,504.42 apiece, taking the deal value to Rs 401.19 crore.