State Street to buy 23% stake in Groww Mutual Fund for ₹580 crore
State Street's deal includes secondary share purchases worth ₹381 crore and a subscription to primary capital worth ₹199 crore. The deal will dilute Billionbrains's stake by up to 23%, while State Street’s voting power will be capped at 4.99%.
State Street's deal includes secondary share purchases worth ₹381 crore and a subscription to primary capital worth ₹199 crore. The deal will dilute Billionbrains's stake by up to 23%, while State Street’s voting power will be capped at 4.99%.
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