The alliance seeks to complement Emkay's strengths in Indian equity market and Icon Capital's strength in Indian convertible and fixed income instruments and would also cover activities relating to undertaking cross-border M&A's and other investment banking related activities.
In addition, the alliance would offer Indian companies the access to the London Securities Market; the distribution of the offerings and placements of equity, debt and convertible instruments as also research of Indian listed companies into the UK and Continental Europe, and the facilitation of secondary trading in India through Emkay Global.
The company made this announcement on 15 November 2012.
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India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.