IOB to buy BhOB shares at Rs 155/shr
| The board of directors of Indian Overseas Bank (IOB), which met today, approved a proposal to buy shares of Bharat Overseas Bank (BOBL) held by other shareholders at Rs 155 per share. |
| This was announced in a release issued by IOB to the BSE today. |
| The total outgo is expected to be around Rs 170 crore. |
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First Published: Feb 14 2006 | 3:09 PM IST