LVB-DBIL merger: A stern message to weak banks

Shriram Subramanian, MD of InGovern, a proxy advisory and research firm that assists institutional investors on corporate governance issues, says: “Why did the shareholders wait for the equity value to turn zero? They could have come together and explored options to raise capital, possibly through a rights issue earlier.”

https://www.forbesindia.com/article/take-one-big-story-of-the-day/lvbdbil-merger-a-stern-message-to-weak-banks/64501/1