State Bank of India (SBI) and its wholly owned subsidiary, SBI Payment Services Private Limited (SBIPSPL), proposed a 74:26 joint venture with Hitachi Payment Services Private Limited (HPSPL), an indirect wholly owned subsidiary of Hitachi Limited, Japan, according to reports.
Cyril Amarchand Mangaldas advised
Update 29 May 2019: S&R Associates advised
Also advising on the transaction was Ernst & Young.
2018-10-27
Deal value: Confidential
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