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Atticus Acquires 4% Stake in Bombay Stock Exchange

Atticus Capital LP (“Atticus”) announced today that an affiliate was selected by the Bombay Stock Exchange (“BSE”) to acquire a 4% interest in BSE.

Commenting on the investment, Atticus founder Timothy Barakett said, “We are excited by this opportunity to invest in a strong franchise with focused management in a market and country with tremendous potential for growth.”

The acquiring entity is Atticus Mauritius Limited, a wholly owned subsidiary of one of the funds managed by Atticus.

About Atticus Capital LP

Atticus Capital, LP, is a leading asset management firm, with more than $15 billion of assets under management. Founded in 1995, the firm is headquartered in New York with an office in London. Atticus invests in global securities markets on behalf of major institutions, endowments, pension funds, and private investors.
Source : Earth Times

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