Merrill Lynch Fund offered Rs 34 crore shares of ICICI Financial institution at Rs 714

Merrill Lynch India Equities Fund Mauritius Ltd on Tuesday offered 4.80 lakh shares of personal lender ICICI Financial institution price Rs 34 crore by means of an open market transaction.

In accordance with block deal information obtainable with BSE, Merrill Lynch offered 4,80,440 shares at a median value of Rs 714.65, taking the transaction dimension to Rs 34.33 crore.

BlackRock World Funds India Fund purchased similar variety of shares on the similar value.

Shares of ICICI Financial institution closed at Rs 711.25, up 0.13 per cent on the BSE.

(Solely the title and picture of this report could have been reworked by Enterprise Customary workers; the remainder of the content material is generated mechanically from a syndicated feed.)

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