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Article: Warburg Pincus picks up 2.79 pc stake in Amtek India.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- December 26, 2007
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Warburg Pincus picks up 2.79 pc stake in Amtek India
Mumbai, Dec 26 (PTI) -- Foreign fund Warburg Pincus International LLC today increased its stake in auto ancillary firm Amtek India by picking up 2.79 per cent stake for Rs 59.15 crore through open market transactions.
Warburg Pincus acquired 29 lakh equity shares in Amtek India at Rs 203.98 each in a bulk deal on the Bombay Stock Exchange.
In a separate deal, Blue Crest Special Situations Master Fund Ltd sold 29 lakh shares of Amtek India at the same price. Shares of the ...