Nishith Desai and AZB complete Soros' 4 percent buy in BSE stake

October 18, 2010 Soros Group through Quantum (Mauritius) Limited, an FII registered with the SEBI has acquired approximately 4 percent equity in the Bombay Stock Exchange Limited (BSE). Soros Group owned by George Soros a billionaire investor who has bought the shares from Dubai Financial Group for $35 million (Rs. 163 crore).

AZB & Partners Mumbai represented the sellers i.e. Dubai Financial Group with Partner Sai Krishna Bharathan and Senior Associate Shameek Ray leading the team.

Nishith Desai Associates represented Soros with a team led by Partner Siddharth Shah along with Senior Associate Kishore Joshi and Associate Shikhar Kacker.

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