Shares of Indiabulls Housing Finance Ltd fell as much as 17% on Friday after the company said it will acquire 40% stake in UK’s OakNorth Bank for $100 million. The announcement was made on Wednesday when equity markets were closed on account of Diwali.
Register now to enjoy 3 free articles per month,
or log in to continue reading.
Stay informed with complimentary articles each month
Gain access to our exclusive newsletters delivered directly to your inbox
Be the first to know about all our summits!
Already a Subscriber? Log in
