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HDFC Bank merger: Financial advisors to get unusually low fee for $64 billion deal: Report
In an era of extravagant merger and acquisition deals, the compensation offered to the financial advisors involved often makes headlines. However, the $64 billion merger between the Housing Development Finance Corporation (HDFC) and HDFC Bank Ltd, one of the most substantial transactions in Indian history, has drawn attention of all for a different reason.
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