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In a move to strengthen the protection of minority shareholders, the Korean government aims to adopt a mandatory bid rule in the country's capital market as early as 2024. If the rule is adopted, any person or entity that plans to take over a company through a stock purchase deal is legally required to offer to the remaining minority shareholders a buy-out of all their shares at an equitable price.

The deal is valued at around ₹250 crore and will provide an exit to investors including publishing house S Chand & Co.

The Algorhythm Tech acquisition will be funded by the proceeds from Delhivery’s initial public offering in May this year, when it raised ₹5,235 crore

Many experts made a forecast that there will be many blockbuster deals along with the program of restructuring and forced transfer of weak banks in the coming time.

EisnerAmper India also aims to increase its number of employees to more than 1,000 in the next 12-18 months from 650 presently