Reuters logo
BRIEF-IDFC Bank says ‍IDFC Group and Shriram Group call off discussions on potential merger
October 30, 2017 / 10:44 AM / 18 days ago

BRIEF-IDFC Bank says ‍IDFC Group and Shriram Group call off discussions on potential merger

Oct 30 (Reuters) - IDFC Bank Ltd

* IDFC Group and Shriram Group have not been able to reach common ground on a mutually acceptable swap ratio for merger​

* Says IDFC Group, Shriram Group agreed to call off discussions on potential merger ‍​

* Says ‍exclusivity period pursuant to agreement entered into between concerned parties stands terminated with immediate effect​ Source text - bit.ly/2yZspxh Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below