Buyout Offer News

Companies

Snapdeal board to send Flipkart buyout offer to shareholders this week

The Snapdeal board wants the opinion of shareholders, which includes Ratan Tata and Azim Premji's PremjiInvest, on the Flipkart buyout offer

1 min read30 Jul 2017
Companies

Snapdeal board leans towards sale to Flipkart

Board-level talks on Snapdeal sale to Flipkart will begin on Monday, which will be followed by a shareholder vote on the buyout offer

2 min read27 Jul 2017
Market

Of course, Snapdeal isn’t worth $850 mn, but in e-commerce world, weird is normal

What explains Flipkart's generous offer to Snapdeal? In a word, SoftBank

2 min read19 Jul 2017
Companies

Flipkart sends Snapdeal revised buyout offer of $850 million

As part of the buyout offer, Flipkart has offered to pay Snapdeal $650-700 million in stock immediately and another $150 million at a later date

2 min read18 Jul 2017
Companies

Snapdeal wants Flipkart to pay at least $900 million for buyout

Flipkart is yet to respond to Snapdeal's demand but the e-commerce firm will send a new buyout offer this week higher than the previous bid of $700-750 million

2 min read13 Jul 2017
Companies

Snapdeal rejects Flipkart’s $700-750 million buyout offer

Negotiations for a buyout, however, will continue between Flipkart and Snapdeal but the differences over valuation will delay the process

2 min read5 Jul 2017
Industry

Diamond Power gets third-party approval for Jiangsu Longzhe’s buyout offer

After bankers' approval on the proposal, Diamond Power Infrastructure will be able to issue shares aggregating to at least 51% of the firm's equity to Jiangsu Longzhe

1 min read24 Aug 2016
Companies

Cairn India shareholders response to sweetened bid positive: Vedanta CEO

Last month, Vedanta revised the terms of an offer aimed at buying out the minority stake in Cairn India

1 min read19 Aug 2016
Companies

Fox said open to offer more than $75 billion for Time Warner

Fox estimates that the combined company could achieve as much as $1.5 billion in cost savings

2 min read16 Jul 2014

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