Prime Focus promoter to acquire 33% stake in company from Credit Suisse
Prime Focus promoter to acquire 33% stake in company from Credit Suisse for Rs463 crore On Thursday, shares of Prime Focus closed trading at Rs51.4 apiece, up 0.78% on the BSE. (Mint) Share Via Read Full Story MUMBAI : The promoter group of Prime Focus Ltd on Thursday said that they have entered into an agreement with Credit Suisse to acquire a 33.12% stake in the company at a price of Rs44.15 per share aggregating to Rs463 crore. This transaction will in turn trigger an open offer by the promoters to acquire another 26% stake in the company from public shareholders at the same price of Rs44...
Source: livemint.com