Corporate acquisitions in India could become costlier with market regulator SEBI mulling making it mandatory for acquirers to make an offer for up to 100 percent stake in any listed company.
Pending regulatory clearances may delay ArcelorMittal`s acquisition of additional stakes in Uttam Galva through an open offer, although the steel behemoth aims to complete the deal by mid-December.
ArcelorMittal`s bid to acquire additional stake in Uttam Galva through an open offer may get
delayed in the wake of pending regulatory clearances even as
it aims to complete the deal by mid-December.
Infrastructure major IL&FS, the
new promoter of Maytas Infra, on Wednesday made an offer to buy an
additional 20 per cent stake in the crisis-hit firm at Rs
112.80 a share.
Day in Pics: 30th September
Showbiz World - September 30, 2014
George Clooney - Amal Alamuddin grand Venice wedding