Anta Sports To Buy 29% Stake In Puma For $1.8 Bn
The transaction is likely to close by the end of 2026, subject to relevant regulatory approvals and customary closing conditions
The transaction is likely to close by the end of 2026, subject to relevant regulatory approvals and customary closing conditions
Key investors participated in the block deals, collectively acquiring 22.7 lakh shares at an average price of Rs 3,358.8 per share.
Reports note that company has approached the founders of Balaji wafers and have proposed a deal that could result in the General Mills getting a majority holding
The company intends to invest upto Rs 7.5 crore for subscribing to the compulsorily convertible preference shares (CCPS)
The company notes that the transaction was executed through a bulk deal at a price of Rs 3,651 per cent, amounting to a total deal value of around Rs 734 crore
Devyani states that the acquisition will be executed through a combination of fresh equity subscription and share purchase agreements with Sky Gate’s promoters