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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

Photo: Bloomberg

Photo: Bloomberg

Press Trust of India New Delhi

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.)

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First Published: Jan 11 2023 | 10:15 PM IST

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