BS: Minority Shareholders Question Century-UltraTech deal


Minority shareholders question Century Textiles-UltraTech Cement deal

Bilateral agreement process and valuation on the radar

Last Updated at June 8, 2018 07:05 IST

https://www.business-standard.com/article/companies/minority-shareholders-question-century-textiles-ultratech-cement-deal-118060701576_1.html

On the other hand, proxy advisory InGovern’s managing director Shriram Subramanian said, “As long as the acquisition is at fair market value, the acquisition is fair to the interests of minority shareholders. The finer details will be available once the proposal is put to the Century shareholders for vote.”