Foreign fund house Citigroup Global Markets Mauritius has picked up a 0.11 per cent stake in domestic real estate developer Indiabulls Real Estate for Rs 7.45 crore. As per the data available with the Bombay Stock Exchange, in a block deal Citigroup today purchased three lakh shares of Indiabulls Real Estate at a price of [...]
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Morgan Stanley Acquires Stake in IndiaBulls Real Estate
May 30, 2009
Foreign fund house Morgan Stanley has acquired 7.68 per cent stake in Indiabulls Real Estate for about Rs 570.18 crore, through qualified institutional placement (QIP) route. Morgan Stanley & Co International through its various investment arms has acquired over three crore shares, representing 7.68 per cent stake in the realty firm, Indiabulls Real Estate said [...]
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June 2, 2009
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