tag:blogger.com,1999:blog-3202774368551476669.post6381878478370758918..comments2023-09-15T16:21:31.980+05:30Comments on INDIAN CORPORATE LAW: No Takers for Takeover OffersUmakanth Varottilhttp://www.blogger.com/profile/12438677982004444359noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3202774368551476669.post-76190905015291040982011-09-15T07:12:46.285+05:302011-09-15T07:12:46.285+05:30Spontaneous (pending further thoughts):
“However,...Spontaneous (pending further thoughts):<br /><br />“However, a report in the Business Line contains a study of recent offers indicating that shareholders who did not exit in the offers may be worse off in the long run. For instance:<br />Of the 98 open-offers in 2010, 81 received poor response with acquirers in these cases managing to mop up less than half of the shares they targeted for. Yet 60 per cent of the stocks where investors rejected open offers are now ruling below the open offer price.”<br /><br />Is it not possible that the noted slow-down in 'take-overs', and the causes said to have been analysed and reported, are attributable, in any way,and that too in no smal measure / significantly,to some of the drastic proposals in the DTC having the potentials for,- and the prevailing fear of their likely, -adverse impact ????<br /><br />Is the latest News wrt the effective date of DTC, pending enactment, being further postponed (see the Blog- http://vswaminathan-vswaminathan-swamilook.blogspot.com/2011/09/dtc-effective-date-as-of-now-1st-april.html, likely to bring about yet another change, however short lived it could be, but in a reverse direction? <br />OVER TO – the selfsame ‘EXPERTS’vswaminoreply@blogger.com