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Burman family makes open offer to acquire 26% stake in Religare Enterprises

Burman family makes open offer to acquire 26% stake in Religare Enterprises
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Religare Enterprises: Dabur's Burman family announces open offer for 26% stake at Rs 235 apiece

At Rs 235 apiece, the total consideration for the 26 per cent stake would be Rs 2,115.99 crore, payable in cash. MB Finmart (1.71 per cent), Puran Associates (5.61 per cent), VIC Enterprises (3.72 per cent) and Milky Investment & Trading Company (2.94 per cent) were among public shareholders in the company, as on June 30.

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Burman family makes open offer to acquire additional 26% stake in Religare Enterprises

Burman family makes open offer to acquire additional 26% stake in Religare Enterprises
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Religare Enterprises: Burman family is a 'long-term investor' in Religare: Mohit Burman

Three Burman Family entities Puran Associates, Vic Enterprises and M B Finmart acquired a 7.5 per cent stake in Religare Enterprises for Rs 534 crore through open market transactions. According to the block deal data available with BSE, Puran Associates, Vic Enterprises, and M B Finmart purchased a total of 2.45 crore shares, amounting to a 7.5 per cent stake in Religare Enterprises. ....

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