Singapore Govt Buys Stake In Eros Via Fullerton Investment Fund
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Monday, 2nd December 1:30 PM IST Fullerton, an investment fund controlled by Singaporean sovereign wealth fund Temasek Holdings, has bought a 7.4% stake in leading Bollywood film distributor Eros International. The stake was acquired after the completion of the transfer of Eros International's primary share listing from London’s second tier Alternative Investment Market to the main New York Stock Exchange. The company having its operations in London, is a major financier of Indian movies and recently handled Sanjay Leela Bhansali’s ‘Goliyon Ki Raasleela Ram-Leela’. Bollywood films are surely taking a leap and going international big time. | ||||
