Two foreign funds sell UB Holdings' shares worth Rs 47.74cr
Press Trust of India / Mumbai Oct 09, 2009, 20:27 IST
Two private foreign fund investors have sold shares, worth Rs 47.74 crore, of Vijay Mallya-led United Breweries Holdings through open market transactions.
Deutsche Securities Mauritius and Crown Capital in two separate bulk deals sold 22 lakh shares, aggregating to Rs 47.74 crore, of United Breweries Holdings, according to the bulk deal available on the National Stock Exchange.
Further, on the Bombay Stock Exchange, Deutsche Securities Mauritius sold 30 lakh shares of another UB group firm United Breweries at Rs 142 per share, totalling to Rs 42.60 crore.
In a separate deal, Morgan Stanley Management sold 26.36 lakh shares of public-sector lender Union Bank at a price of Rs 244.81 a peice, aggregating to Rs 64.54 crore.
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