Question
Which of the following firm has bought 9.4 lakh shares
of cement manufacturer ACC Ltd for over Rs 215 crore through an open market transaction?Solution
Morgan Stanley Asia bought 9.4 lakh shares of cement manufacturer ACC Ltd for over Rs 215 crore through an open market transaction. The shares were acquired at an average price of Rs 2,290 apiece, taking the transaction value to Rs 215.61 crore.
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