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Morgan Stanley acquires 0.55% stake in Gateway Distriparks: Report

01 Oct 2013 Evaluate

Morgan Stanley has reportedly acquired 6 lakh shares or 0.55% stake in Gateway Distriparks for an average price of Rs 104.48, through open market route valuing the transaction at Rs 6.26 crore.

Gateway Distriparks is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form. The company operates CFS located at Dronagiri, Navi Mumbai, New Manali, Chennai, Vishakapatnam and Inland Container Depot at Garhi Harsaru (near Delhi) and Haryana.

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