AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
RUSSELL CREDIT RAISES OFFER PRICE FOR TOBACCO CO STAKE.
NEW DELHI, June 1 Asia Pulse - ITC subsidiary Russell Credit has announced a further rise in its offer price by Rs five to Rs 125 ($US2.60) to acquire a 20 per cent stake in tobacco major VST Industries.
The hike follows a similar hike earlier this month, when the company announced a five rupee hike to Rs 120, thus taking the offer two rupees higher than what Brightstar Investments was offering for a similar stake in VST.
In a notice to the Bombay Stock Exchange (BSE), lead manager to the offer, Kotak Mahindra Capital Company Ltd, said this had been carried out as per Regulation 26 of the regulation.
"Russell Credit Ltd had recently revised the offer price of VST Industries Ltd to Rs 120 per share for acquisition of 30,88,384 fully paid equity share of Rs 10 each, representing 20 per cent of the equity ...
- BAT TELLS INDIA'S VST IT WANTS TO HIKE STAKE.
- News wire article from: AsiaPulse News June 13, 2001 700+ words
...June 13 Asia Pulse - In a new twist to the ongoing takeover tussle between ITC Ltd (BSE:ITC) and Brightstar Investments, VST Industries (BSE:VSTI) on Tuesday confirmed that it has received a formal intimation from British American...
- INDIA'S BRIGHTSTAR UPS ANTE, WELCOMES BAT'S INTEREST IN VST.
- News wire article from: AsiaPulse News June 15, 2001 700+ words
NEW DELHI, June 15 Asia Pulse - Brightstar Investments, promoted by R S Damani and G S Damani, has said it has written to VST Industries, in its capacity as the second largest shareholder after BAT Plc, that greater involvement by the latter...
- INDIABRIGHTSTAR KEEN TO MEET BAT; UNDECIDED ON VST STAKE.
- News wire article from: AsiaPulse News June 7, 2001 700+ words
...ASia Pulse - The Damanis' Brightstar Investments said on Wednesday it was...cent stake BAT holds in VST Industries (BSE:VSTI). Asked...additional 30 per cent stake in VST Industries, and this will take its...request, he added. In VST Industries, Financial Institutions...
- BUSINESS IN ASIA TODAY - JUNE 13, 2001.
- News wire article from: AsiaPulse News June 13, 2001 700+ words
...intends to increase its 32.16 per cent stake in India's VST Industries (BSE:VSTI) by an undisclosed amount, complicating...battle between BAT subsidiary ITC Ltd (BSE:ITC) and Brightstar Investments to take over the company. VST has convened a Board of...
- INDIA'S BRIGHTSTAR LIKELY TO UP OFFER PRICE FOR STAKE IN VST.
- News wire article from: AsiaPulse News May 7, 2001 700+ words
...DELHI, May 7 Asia Pulse - Brightstar Investments is likely to hike the offer...cent stake in tobacco major VST Industries commences later this month...contacted, spokesperson for Brightstar Investments, John Band, declined to...
- A review of the major companies and brands in the Indian tobacco market.
- Press release article from: M2 Presswire January 5, 2006 700+ words
...Phillips India Ltd GTC Industries Ltd VST Industries Ltd Alfred Dunhill Ltd Japan Tobacco...India Ltd GTC Industries Ltd ITC Ltd VST Industries Ltd Dalmia Consumer Care Private Ltd...Phillips India Ltd - GTC Industries Ltd - VST Industries Ltd - Alfred Dunhill Ltd - Japan Tobacco...
- A Review of the Major Companies and Brands in the Indian Tobacco Market.
- Press release article from: Business Wire January 6, 2006 700+ words
...Phillips India Ltd GTC Industries Ltd VST Industries Ltd Alfred Dunhill Ltd Japan Tobacco...India Ltd GTC Industries Ltd ITC Ltd VST Industries Ltd Dalmia Consumer Care Private Ltd...Phillips India Ltd - GTC Industries Ltd - VST Industries Ltd - Alfred Dunhill Ltd - Japan Tobacco...
- Statutory warning: we did start the fire.
- Newspaper article from: Economic Times (New Delhi, India) March 1, 2005 700+ words
...consumer. ITC, Godfrey Philips and VST Industries feel the higher levy will not result...about Rs 600 crore. Though ITC and VST Industries will benefit from lowering of corporate...percent before closing at Rs 559, VST Industries dipped by 1.06 percent to Rs 220...
