L&T gets over 60% holding in Mindtree; open offer over-subscribed
Larsen and Toubro had bought 20.32 percent shares in the IT firm from V G Siddhartha and his coffee enterprise for over Rs 3,000 crore in March and subsequently made an open offer to buy an additional 31 percent stake.
Jun 28, 2019, 10:47 AM IST
IOB to issue over 9 crore equity shares to raise Rs 261 crore
Indian Overseas Bank today said it will issue over 9 crore equity shares to qualified institutional buyers (QIBs) to raise about Rs 261 crore.
May 21, 2016, 18:27 PM IST
McNally to raise Rs 100 crore from EMC
McNally Bharat Engineering will raise Rs 100 crore by selling shares to EMC Ltd, which will also launch an open offer worth over Rs 131 crore to the company's public shareholders.
Jul 01, 2015, 19:32 PM IST
Johnson to buy 25.74% stake in Hitachi via open offer
Johnson Controls plans to acquire 25.74 percent stake in Hitachi Home & Life Solutions (India) Ltd through an open offer for an estimated price of Rs 575 crore.
Jan 27, 2015, 13:56 PM IST
Sebi norms for reclassifying promoter as public shareholders
The new norms can have a significant impact on the way some merger and acquisition deals are structured, as also in cases involving corporate restructuring that take place due to disputes among members of business families or after settlements between rival corporates.
Dec 30, 2014, 19:08 PM IST
