Investment banking firms Mefcom, Beaufort sign accord

July 28th, 2011 - 12:26 am ICT by IANS  

New Delhi, July 27 (IANS) Investment banking company Mefcom Capital Markets Wednesday entered into an agreement with with London-based merchant bank Beaufort International Associates to offer a host of financial services in the India, British and European markets.

“Mefcom-Beufort will offer brand franchising and international licensing transactions, cross-border corporate advisory and due diligence work,” said the company in a statement.

Other services like listing and fund raising activities through global depository receipt (GDR), foreign currency convertible bond (FCCB) and liasioning with private equity would also be provided.

“Together, the alliance brings a vast experience in value-added cross-border financial-services to all those who are looking to derive the benefits of global best practices,” said Vijay Mehta, chairman and chief executive, Mefcom Group.

Beaufort International said that there was a need to channelise cross-border investments more effectively and that the agreement would help in achieving this.

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