|
|
|
|
||
| Indiantelevision.com's News Room Headlines | ||
| Reliance Capital buys 6 per cent in GBN via open market | ||
| Indiantelevision.com Team | ||
| (13 February 2007 8:40 pm) |
|
MUMBAI: Anil Ambani group company Reliance Capital has acquired 6.27 per cent stake in Global Broadcast News (GBN) through an open market transaction on the BSE. |
||||
| The purchase of 1.68 million shares in
a bulk deal was made on 12 February. GBN, which operates English news
channel CNN-IBN and Hindi news channel IBN7, was listed on the stock
exchanges on 8 February.
After a debut opening on the BSE at Rs 417.10, the scrip had closed at Rs 510.10 with over 13 million shares changing hands on the first day of trading. A day after Reliance Capital's purchase, the scrip opened at Rs 495 and touched a high of Rs 526.70 before closing at Rs 508.65.
|
||||
| Click for News Room Headlines Archives | ||||
|
|
||||
|
|
||||
|
|
||||
|
||||