Page 6 - Open Offer News Today

The offer price for each equity share is Rs 235.00, amounting to a total consideration of up to Rs. 21,159,997,135 in cash.

Religare Enterprises: While the open offer price is higher than the price at which Burmans upped stake in the company in August, it is quite lower than the prevailing price.

The Burman family, the controlling stakeholder in Dabur, plans to acquire an additional 26% stake in Religare.

Entities belonging to the Burman family on Monday announced an open offer to the public shareholders of Religare Enterprises Limited (REL) to acquire upto 26 per cent of the expanded voting share capital of REL.The open offer is made with the ...

Ipca Labs acquired 33.38 percent of Unichem in August which triggered an open offer. Ipca Labs received the approval of the Competition Commission of India for this acquisition on July 27, 2023

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