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Sunshield Chemicals Ltd Announces Open Offer By Rhodia Amines Chemicals Pte. Ltd. To Acquire Upto 1,911,796 Equity Shares


Friday, 21 Sep 2012 01:50am EDT 

Sunshield Chemicals Ltd announced that an open offer by Rhodia Amines Chemicals Pte. Ltd. (Acquirer) along with Solvay S.A., person acting in concert (PAC) to the Equity shareholders of Sunshield Chemicals Ltd (Target Company) . Rhodia Amines Chemicals Pte. Ltd. proposed to acquire upto 1,911,796 equity shares of Sunshield Chemicals Ltd (Offer Size) from the shareholders of the Target Company, representing 26.00% of the total share capital of the Target Company, at a price of INR51 for each equity share of the Target Company (Offer Price), to be paid in cash in accordance with the SEBI (SAST) Regulations. There are no partly paid-up equity shares of the Target Company 

Company Quote

180.05
-9.3 -4.91%
11 Jul 2014