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Wednesday, May 18, 2005
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GMO Fund acquires 3.36 pc more in IVRCL

Our Bureau

HYDERABAD: GMO Emerging Markets Fund has announced that its entities have acquired 6,77,700 shares of IVRCL Infrastructures & Projects Ltd, aggregating 3.36 per cent of IVRCL's equity.

GMO Emerging Markets Fund and two separate accounts advised by GMO - Commonfund Emerging Markets Investors Company and Stichting Pensioenfonds ABP have acquired the shares from the secondary market on May 10.

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