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Indian brokerage close to buying UK private client boutique

Hichens, Harrison & Co has a long track record of dealing for institutional clients and providing investment advisory services to high net worth clients.

Religare Enterprises, an Indian brokerage, is close to acquiring Hichens, Harrison & Co, London's oldest broking firm, in a deal worth over $100m (€64m), according to a report in The Economic Times of India.

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