Spice Finance Will soon acquire companies in mutual fund and broking space it has shortlisted three companies in each of the two business areas and has earmarked a total of Rs 300 crore for the two acquisitions.
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The company will now go ahead with the due diligence for acquisitions in the two business said by Sudip Bandyopadhyay. He recently moved from Reliance ADAG to Spice group as Group President. The company expected the deal should be completed within two months. The group is looking at mid sized players in the two business segments.
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