Comments
ZF Lenksysteme GmbH (acquirer) along with Robert Bosch (person acting in concert-PAC) have made an open offer for the acquisition of up to 23,59,058 fully paid-up equity shares of face value of Rs 10 each, representing 26 per cent of the total share capital of ZF Steering Gear (India) Ltd (target company).
The offer price is Rs 439 a share, aggregating about Rs 103.50 crore.
Citigroup Global Markets India Pvt Ltd is the manager to the open offer.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.