Hero Corp may pick up a stake of 10-15% or more, said one of the persons. Under the proposed deal that’s likely to be announced shortly, it may declare itself a co-promoter along with Analjit Singh and make an open offer. Sunil Kant Munjal is expected to join the board of Max Financial, which has a market capitalisation of Rs 12,963 crore.from Banking/Finance-Industry-Economic Times https://ift.tt/36ThUvW
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