Latest News on Open Offer
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Open Offer - Total results - 19
Mar 22, 2019
L&T’s Mindtree stake buy: SEBI, govt must protect tech firm’s small shareholders as infra giant can silence oppositionThe SEBI and ministry of corporate affairs must proactively come to the aid of small shareholders who stand to benefit immensely from the L&T offer as the counteroffer from Mindtree — buyback of shares — cannot match L&T’s offer.
Jan 24, 2019
Jet Airways-Etihad stake buy deal: SEBI says no reference received on relaxing rulesThe regulator's statement comes amid reports that relaxations have been sought by Gulf carrier Etihad for infusing additional funds into crisis-hit Jet Airways, which is listed on the exchanges
Dec 04, 2018
Govt not to participate in LIC's open offer to acquire 51% stake in IDBI BankIn October, LIC announced an open offer for acquiring 26 percent of equity in IDBI Bank at a price of Rs 61.73 per share, entailing total payout of over Rs 12,602 crore.
Oct 11, 2018
LIC's open offer to purchase shares from minority shareholders of IDBI Bank to begin from 3 DecemberThe open offer, at Rs 61.73 per equity share, will close on 14 December.
Sep 07, 2018
SEBI exempts Diageo Group from making fresh open offer to United Spirits' shareholdersDiageo group was allegedly required to make an open offer due to the status of USL had changed from being an entity jointly controlled by the UB Group and the Diageo to a solely controlled entity of Diageo Group in November, 2015
Jul 27, 2018
Fortis Healthcare acquisition: Malaysian firm IHH’s open offer to commence on 7 SeptemberEarlier on 13 July, Fortis Healthcare board had approved Rs 4,000-crore offer from Malaysia's IHH Healthcare for 31.1 percent stake in it, valuing the cash-strapped firm at Rs 8,880 crore thus ending months of a takeover battle
Sep 20, 2016
Bayer launches open offer to buy up to 26% in Monsanto India at Rs 2,481.60 a shareThe offer price is 4 percent higher than the Monsanto India's closing rate of Rs 2,390 per share today on the BSE
Jul 14, 2015
IIFL Holdings shares vaults 20% to a 1-year high after Fairfax India open offerFIH Mauritius Investments to make an open offer to acquire over 8.31 crore shares of IIFL Holdings at a price of Rs 195 a share
Jan 05, 2015
Twist in Mangalore Chemicals take-over as Deepak Fert sells 2.2% stakeArray
Jan 02, 2015
Reliance Industries completes Network18 open offers, buys Rs 17 cr worth sharesIn separate filings, Independent Media Trust said it acquired 54.14 lakh shares for Rs 16.34 crore in TV18 Broadcast while buying 2.60 lakh shares of Network18 Media for Rs 1.06 crore.