M and A
Indian Investment Firm Takes Majority Stake In Research Company

Indian investment firm
Vista Vyapaar has purchased a 69.2 per cent stake in
Mathew Easow Research Securities, a company that provides
technical analysis services to high net worth individuals, retail
clients, stock brokers, and institutions.
Vista bought 1.65 million shares, or 55.19 per cent, for $0.67
million and 0.42 million shares, or 14.01 per cent, for $0.17
million, the company said in a filing to the Bombay Stock
Exchange. The company had previously acquired 23,000 shares,
or 0.77 per cent, in Mathew Easow in July last year.
Mathew Easow Research Securities was founded by stock market
commentator, the late
Mathew Easow. It offers technical and fundamental advise on
moving averages and trading plans for pivotals, mid caps and
select scrips, and provides portfolio restructuring services.
Kolkata-based financial services firm Microsec Capital acted as a
manager for the transaction.