Business
BASF hikes open offer price to shareholders
New Delhi | July 17, 2008 5:05:07 PM IST
The Indian arm of German chemicals major BASF Thursday said it was increasing its open offer price to shareholders for acquiring 22.31 percent stake in the company. The offer price stands revised to Rs.300 from Rs.274 per equity share. The company had announced May 15 a voluntary offer to public shareholders for acquiring up to 6,289,591 fully paid-up equity shares, constituting 22.31 percent of its voting capital. BASF India's principal stakeholder said it would pay the revised offer price for all the equity shares validly tendered and accepted any time during the offer period. Arjun/ank/ap/jg (116 Words)17071626NNNN (IANS)
Viewer's Comment |
Comments Not Available |
|
| |
India favours legally-binding outcome at Copenhagen Afghan Aircraft makes emergency landing Savitriamma, Chief Minister\'s sister dies of illness PM greeted in Washington by cheering crowd of Indians PM arrives in Washington on four-day state visit Centre ready for talks with Maoists: Minister Police lathicharge JNU students Orissa Minister\'s nephews arrested for anti-social activity
| 
