Temasek buys stake in India's Eros International
Temasek Holdings has made its first foray into India's Bollywood movie industry as Fullerton Fund Management - a unit of the Singapore sovereign fund - acquired a stake in local film distributor Eros International.
The stake was purchased on November 13, the day Mumbai-based Eros began trading on the New York Stock Exchange (NYSE). According to a regulatory filing, Fullerton now holds an 8.7% stake in Eros. Based...
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