Rohatyn Group to divest Sharekhan stake to BNP Paribas

The Rohatyn Group (TRG), an New York-based emerging markets asset management firm with across the Asia Pacific (APAC) and South America, is offloading its entire stake in Sharekhan Limited to BNP Paribas SA (BNPP), an international banking and financial services provider. The deal is subject to customary closing conditions and regulatory approvals, with the financial terms undisclosed.