HealthCare Global – the value unlocking story

Stock Opportunities Untested - but worth a good look
195

Basically, even the article in Business Line also says the deal was done at 445 per share.

However, KKR is now at 54% , they will buy rest 25% from the open market. That adds upto 77%

Moreover, around 9-10% is with CVC Group and another 10% is with Dr. BS Ajai

I’m saying approximate amount, thus, rounding up to 100%

Let’s see if they go private.

2 Likes
196

Open offer is a mandatory procedure whenever someone buys more than 25% of stake in a company as per regulations in India. Since they bought more than 25%, they must come up with an open offer. It is more like a tick in the box.

4 Likes
197

So if retail share holders don’t sell their holdings to kkr it will remain public I guess

1 Like