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2012 June 29   11:57

Morgan Stanley invests in Gateway Distriparks

Morgan Stanley Asia (Singapore) Pte has invested Rs12.45 cr in Gateway Distriparks Ltd. for additional 0.88% stake increasing it's stake from 2.30% to 3.18%, Daily Shipping Times reports.

Recently, Indea Absolute Return fund, an arm of Morgan Stanley purchased around Rs 5.62 lakhs share for Rs148 per share of Gateway.

Along with Morgan Stanley,FID Fund Mauritius, LIC India, Norges Bank’s Government Pension Fund Global, IDFC Premier Equity Fund, DSP Blackrock India TIGER, Swiss Finance Corporation, Reliance Capital Trustee Company, Bajaj Allianz Life Insurance and ICICI Lombard General Insurance have investment in Gateway Distriparks.

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