THE OPEN OFFER for 26 per cent stake in New Delhi Television NDTV) by the Gautam Adani-led Adani Group had its share of surprises. Of the 16.76 million shares which formed the open offer, 5.33 million or 32 per cent of the total offer size, was tendered. Interestingly, while the offer price was ₹294 per share, the prevailing rate in the market was ₹393.90, on December 5, the last day of the open offer. Post the offer, the Adani Group’s stake in NDTV is pegged at around 37.5 per cent, making it the single largest shareholder in the company.
Denne historien er fra December 25, 2022-utgaven av Business Today India.
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Denne historien er fra December 25, 2022-utgaven av Business Today India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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