Philips India has faced a setback in its third attempt to acquire the remaining stake held by minority shareholders in Philips NV. The National Company Law Tribunal’s Kolkata bench dismissed the application due to significant valuation disparities. Philips India offered Rs 915 per share, while minority shareholders valued it between Rs 4,605 and Rs 6,119 per share. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
