ANZ to raise stake in Saigon Securities - exchange
HANOI, March 31 (Reuters) - Australian and New Zealand Banking Group Ltd (ANZ.AX: Quote, Profile, Research, Stock Buzz) will buy more shares in Saigon Securities Inc SSI.HM, Vietnam's top brokerage, to raise its stake to 12.5 percent, the stock exchange said on Monday.
ANZ, which owns 10 percent of the Ho Chi Minh City-based brokerage, would buy 3,416,700 shares over the next two months starting on Tuesday, the Ho Chi Minh Stock Exchange .VNI said in a statement. (Reporting by Ho Binh Minh)
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