The delisting offer from BOC Group to Linde India shareholders will open for subscription on Tuesday and close on January 21. The company has made the offer to buy 2.13 crore shares (or 25 per cent of the paid-up share capital) at a floor price of ₹428.50 a share. The completion of the global merger between Linde AG and Praxair in November 2018 had triggered a mandatory open offer to Linde India. Praxair Plc, the acquirer, has made it as a voluntary delisting offer.
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.