Angel Broking May Sell Stake for 3 Billion Rupees, Economic Times Reports

Angel Broking Ltd., an Indian stockbroker, is in talks with private equity investors including General Atlantic LLC, Blackstone Group LP and Advent International Corp. to sell a stake for 3 billion rupees ($64 million), the Economic Times reported, without saying where it got the information.

To contact the reporter on this story: Thomas Abraham in Mumbai at tabraham4@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.