Singapore Exchange buys 5% stake in BSE

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