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India's Lakshmi Vilas board okays merger deal with Indiabulls Housing

Reuters

April 5 () - India'sLakshmi Vilas Bank Ltd said on Friday its board has approved a share swap acquisition by housing finance firm Indiabulls Housing Finance Ltd.

For every share held, the shareholders of the private-sector bank would be entitled to get 0.14 share in Indiabulls, Lakshmi Vilas Bank said in a (graphic).

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April 5 () - India'sLakshmi Vilas Bank Ltd said on Friday its board has approved a share swap acquisition by housing finance firm Indiabulls Housing Finance Ltd.

For every share held, the shareholders of the private-sector bank would be entitled to get 0.14 share in Indiabulls, Lakshmi Vilas Bank said in a (graphic).


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