Shares of Larsen & Toubro were weak in a strong market after the company indicated it would hike its stake in Satyam Computer beyond
15%, a move that will trigger an open offer.
L&T investors are concerned that, in case of an open offer, the engineering and construction major would have to offer Satyam shareholders almost six [...]
German firm Robert Bosch GmbH today made a open offer to the shareholders of Bosch Chassis Systems India for acquiring 20 per cent stake in the company at a maximum price of Rs 600 per share.
As per the open offer Robert Bosch GmbH would acquire up to 4,158,906 equity shares of Rs 10 each representing [...]
Fedex Securities Ltd (”Manager to the Offer”) on behalf of Mr. Kantilal Manilal Savla, Ms. Pratiksha Popatlal Gala and Mr. Kartik Popatlal Gala (”the Acquirers”) has issued this Public Announcement (”PA”) to the equity shareholders of Vaghani Techno Build Ltd (”Target Company”), pursuant to and in compliance with Regulation 10 & 12 of the Securities [...]
Ranbaxy Labs open offer starts on August 8
Open Offer date set at August 8
Daichii plans to acquire upto 20% stake in Ranbaxy Open Offer
Fedex Securities Ltd (”Manager to the Offer”), on behalf of Shri. Sunil Kumar Patodia & Smt. Vinita Patodia (”Acquirers”), and Sunil Chothmal Patodia (HUF) (”PAC”) has issued this Public Announcement (”PA”) to the equity Shareholders of Choice International Ltd (”Target Company”), pursuant to and in compliance with Regulations 10 & 12 of the Securities & [...]
N M Rothschild & Sons India Pvt Ltd (”Manager to the Offer”) on behalf of Eni UK Holding Plc (”Acquirer”) Eni S.p.A, Burren Energy India Ltd & Burren Shakti Ltd (”Persons Acting in Concert”/ “PACs”) has issued this Public Announcement (”PA”) to the shareholders of Hindustan Oil Exploration Company Ltd (”Target Company”), Pursuant and in [...]