Modification in take over Code incresed the cost of M&A
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 July 2010
What is the reason behind incresed the Aquasition % from 15% to 25&?
22 July 2010
This is only a proposal and has not become a low.
Reason: to provide more voting power and investment flexibility to Institutional investors who would not like to takeover the company but like to hold substantial shareholding (voting power).
Reason: to provide more voting power and investment flexibility to Institutional investors who would not like to takeover the company but like to hold substantial shareholding (voting power).
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