Open offer News
India Inc relieved over new takeover norms
Consultants, lawyers and companies across the board believe the Securities and Exchange Board of India (Sebi) decision to raise the open offer trigger to 25 per cent from 15 per cent will enliven the deal market, both for private equity (PE) players and foreign institutional investors (FIIs). "It is a positive move, especially for financial investors who can now come in without having to worry about
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