Zuari to launch open offer in 12 days to acquire stake in MCFL
With Competition Commission's approval in place, Zuari Group is in discussions with investment bankers to launch its open offer in next 12 days to acquire additional 36.56 per cent stake in MCFL.
Apr 01, 2015, 17:51 PM ISTCCI approves Zuari's open offer to acquire 36% stake in MCFL
In a boost to Zuari Group, the Competition Commission has approved its revised voluntary open offer to acquire additional 36.56 percent stake in MCFL, for which it is locked in a takeover battle with Deepak Fertilisers.
Mar 31, 2015, 20:52 PM IST