Piramyd Retail Ltd has informed that a Share Purchase Agreement dated December 08, 2007 has been entered between Indiabulls Wholesale Services Ltd (IWSL) a wholly owned subsidiary of Indiabulls Real Estate Ltd (IBREL) and the Promoters of Piramyd Retail Ltd ("the Company"), for acquiring 63.92% of the equity share capital of the Company from the existing Promoters of the Company.
Based on the above and on behalf of IWSL a Public Announcement dated December 09, 2007 was made by Edelweiss Capital Ltd, Manager to the Offer to make an open offer under the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to the public shareholders of the Company for acquisition of 20% of the fully diluted voting capital of the Company at an offer price of Rs 74.73 per share.
An intimation to this effect was received by the Company from Edelweiss Capital Ltd on December 10, 2007.
Piramyd Retail Ltd
Source at Fibre2fashion.com
Đăng ký:
Đăng Nhận xét (Atom)
Bài đăng phổ biến
-
January 21, 2008 After the huge success of the first spring / summer collection for the season 2007, 2964 Garmisch is presenting their secon...
-
January 21, 2008 John Menzer, vice chairman of Wal-Mart Stores Inc has announced he will retire from the company on March 1. Menzer spent 12...
-
January 15, 2008 The Bon-Ton Stores Inc announced total sales for the five weeks ended January 5, 2008 decreased 13.0% to $558.2 million com...
-
January 3, 2008 U2's Bono is recognized as one of the world's greatest performers and activists. Now, through edun LIVE's partne...
-
January 12, 2008 Tiffany & Co spreads dramatic and awesome diamonds in three of its most popular jewellery collections, Tiffany Lace, Ti...
-
January 12, 2008 Once again, the Professional Beauty Association is hosting the largest beauty show on the west coast. Press registrarion ha...
-
January 11, 2008 The big-sized sun-glasses are rapidly being replaced by the smaller-style frames which are ‘in’ for the season. There’s a h...
-
January 11, 2008 Now the time has finally come: in January 11 - 13, 2008, the 10th Spirit of Fashion will be launched. Preparations are bein...
-
January 11, 2008 Cavendish’s fall-winter was presented on the Fashion Rio under the theme "Secret Garden", where the romanticism a...
-
January 12, 2008 Calvin Klein Inc, a wholly owned subsidiary of Phillips-Van Heusen Corporation announced the appointment of Robert Vignola ...
Không có nhận xét nào:
Đăng nhận xét