The sweetener offered by billionaire Gautam Adani’s conglomerate to the once-defiant founders of NDTV could test India’s takeover regulations that require all shareholders to be paid the same price by an acquirer. Founders Prannoy Roy and Radhika Roy sold 27.26% of their equity in NDTV to Adani-controlled RRPR Holding Pvt. at 342.65 rupees ($4.1426) per share, according to an exchange filing Friday.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lFuIOhX
https://ift.tt/Pl9tcO8
0 Comments