Deals and Buyback Buzz Today In D-Street | ET Now | Latest Updates
Dabur-Block Deal likely today-Promoter looking to sell 1.4 cr equity shares at Rs 565 – 4% discount and deal size is worth Rs 800 crore. Hinduja Global Solutions' buyback is to be made via a tender offer, with the maximum buyback price at Rs 1700/share (21% premium) and the buyback size is at Rs 1020 cr. Sterling & Wilson Renewable Energy-promoters to sell a 3.57% stake via OFS in the company between Dec 20-21, with floor price for OFS at Rs 270/share. Tanla Platforms-buyback to start via a tender offer. Just Dial-promoter Reliance Retail Ventures to sell 2% stake via the open market for achieving minimum public shareholding.
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