Photo: Bloomberg
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
Societe Generale Acquires ICICI Bank's Shares Worth Rs 173 Crore
Financial services company Societe Generale on Wednesday bought ICICI Bank's shares worth over Rs 173 crore through an open market transaction
Topics
Societe Generale | ICICI Bank | stock market trading
Financial services company Societe Generale on Wednesday bought ICICI Bank's shares worth over Rs 173 crore through an open market transaction.
According to the block deal data available with the BSE, Societe Generale acquired 20,00,000 shares of the company.
The shares were purchased at an average price of Rs 867 per share, taking the aggregate value to Rs 173.40 crore.
Meanwhile, BNP Paribas Arbitrage offloaded the shares of the company at the same price.
On Wednesday, shares of ICICI Bank closed 0.86 per cent higher at Rs 867.85 apiece on BSE.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Wed, January 11 2023. 22:15 IST
RECENT NEWS
Revoluts Australian Banking Licence Game Changer
Revolut has spent much of its life insisting that it is more than a bank. In Australia, it has now decided that becoming... Read more
The AI Bank Is Coming, But Who Controls The Risk?
Artificial intelligence is no longer something banks discuss as a distant possibility. It is already working behind the ... Read more
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more