Comments
Federal-Mogul Goetze (I) will remain in focus, as the open offer kicks off on Monday and closes on January 17. Tenneco Inc, along with persons acting in concert (Icahn Enterprises LP, American Entertainment Properties Corp and IEH FMGI Holdings LLC ), plans to acquire up to 1.39 crore shares of the firm, representing 25.02 per cent of the voting share capital of the company, at ₹667.50 a share.
The mandatory open offer was triggered after Tenneco acquired Federal Mogul USA in 2018.
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.