M A market heats up Crawford Bayley advise Wall Street Finance in its acquisition by Spice Corp

Bar & Bench September 10 2009
Wall Street Finance

B K Modi-promoted Spice Investments & Finance Advisors Private Limited has acquired a 51 per cent stake in forex and money transfer firm Wall Street Finance. The entire transaction, including the acquisition of an additional 20 per cent in Wall Street Finance after the announcement of an open offer, is valued at approximately Rs 100 crore ($20.8 Million).

Sanjay Asher, Partner at Crawford Bayley, led the transaction along with Manik Joshi, Bhoomika Batra and Priyal Sheth. Mr. Asher, speaking to Bar & Bench, confirmed that . . .

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