Thursday, February 28, 2008

HDFC Bank to buy Centurion for $2.4 bn

HDFC Bank, India's third-biggest by market value, offered $2.4 billion in shares for smaller Centurion Bank of Punjab in an attempt to bulk up ahead of the bank sector being opened to foreign competitors.

The Financial Express
http://www.financialexpress.com/news/
HDFC-Bank-to-buy-Centurion-for-2.4-bn/276898/

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