Kokuyo Co buys out Camlin Ltd

The Japanese firm is set to acquire a majority stake in Camlin Ltd in a Rs. 360 crore deal. In the process the company will acquire 20% from the minority shareholders at a price of Rs. 110, which is approximately 36% premium to the existing market price of Camlin. The stock is currently trading at a price of around Rs. 80.

No comments:

Post a Comment

Do you like my blog?

If you enjoy reading InvestorZclub blog, please help spread the word by sharing this site with your friends.