MOTHERSON SUMI SYSTEMS LTD. - Updates
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| 22 Mar 2017 | |
| MSSL Estonia WH O (the "Offeror"), a wholly-owned indirect subsidiary of the Company, commenced on February 6, 2017 a voluntary recommended public tender offer to purchase all the issued and outstanding shares and stock options in PKC Group Plc ("PKC") that are not owned by PKC or any of its subsidiaries (the "Tender Offer"). The offer period under the Tender Offer expired on March 21, 2017. According to the preliminary result of the Tender Offer, the shares tendered in the Tender Offer represent approximately 94.14 percent of all the shares and voting rights in PKC. In addition, approximately 75.79 percent of the stock options in PKC have been tendered in the Tender Offer, which implies, together with the tendered shares, a holding of approximately 93.71 percent of all the shares and voting rights in PKC fully diluted for the outstanding stock options. | |
| View all announcements for MOTHERSON SUMI SYSTEMS LTD. | Source: BSE India |
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