Comments
Shares of ZF Steering will remain in focus as the open offer from Robert Bosch Automotive Steering GmbH opened on Tuesday. The acquirer plans to mop up 23.59 lakh shares (26 per cent of the equity share capital) of ZF Steering Gear (India) at ₹455.96 a share. The stock is currently ruling well above the offer price. Independent directors have asked shareholders of ZF Steering to take a considered view. The open offer closes on August 25.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.