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ALSTOM India Ltd - Updates on Open Offer
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15 Jan 2016
Credit Suisse Securities (India) Private Limited (Manager to the Offer), on behalf of GE Energy Europe B.V. (GE Europe or the Acquirer) along with General Electric Company (GE or PAC 1) and GE Albany Global Holdings B.V. (GE Albany or PAC 2 and, together with PAC 1, the PAC), in their capacity as persons acting in concert with the Acquirer has informed this Announcement tto the public shareholders of ALSTOM India Ltd (&quot;Target Company&quot;) pursuant to Regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011 and subsequent amendments thereto (SEBI (SAST) Regulations), in respect of the open offer (the Offer or Open Offer) for the acquisition of up to 17,479,143 (seventeen million four hundred and seventy nine thousand one hundred and forty three) fully paid-up equity shares of face value of INR 10 (Indian Rupees ten) each (Equity Shares), representing 26% (twenty six percent) of the total fully paid-up fully diluted voting Equity Share capital of the Target Company.
View all announcements for ALSTOM India Ltd Source: BSE India