Etrade financial corp say agree on the share property sale at company share broker il&fs investsmart ltd, indians, to hsbc holdings in a transact online broker axis. that sale is estimated to give result (yield) around 145 million dollar axis.

like to quoted from antara, monday (19/5), transaction size is not unfolded. but, daily the sunday times say to number around 44 percents from share companies indians.

said hsbc gather 73 share percents at il&fs investsmart in the amount 260 million dollar axis and now will do a tender for the share total remainder.

etrade say in a the statement that share sale agreement at company indians to hsbc in the amount 200 rupee per share, and transaction estimated to produce profit before tax 20 million up to 30 million dollar axis.
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