Welcome to Scribd. Sign in or start your free trial to enjoy unlimited e-books, audiobooks & documents.Find out more
Download
Standard view
Full view
of .
Look up keyword
Like this
1Activity
0 of .
Results for:
No results containing your search query
P. 1
Merger of Zandu and Emami.docx

Merger of Zandu and Emami.docx

Ratings: (0)|Views: 11|Likes:
Published by vinayjain221

More info:

Published by: vinayjain221 on Oct 12, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as DOCX, PDF, TXT or read online from Scribd
See more
See less

09/07/2013

pdf

text

original

 
 
Mergers &Acquisition
Submitted To: Prof: Anirban Ghatak Submitted By: Vinay JainReg No: 1121008
CIA - 1
 
BACKGROUND
PRE- ACQUISITION SHAREHOLDING PATTERN OF ZANDU PHARMA.
Emami holding 3.9% equity stake in Zandu which was acquired through openmarket purchases has entered into share purchase agreements with DevkumarVaidya and family ( the co-promoters of Zandu Pharmaceutica Works Ltd) inMay 2008 to acquire 23.62% stake in Zandu Pharma.
THE CONCEPT USED
Emami Ltd, which has acquired 27.5% of Zandu Pharmaceutical Works LtdEmami made an open offer for 20%
more of Zandu’s shares, which raised
itsstake to 47.5%.(Companies acquiring a stake of 15% or more must make an offer to buyanother 20% in the target firm.)
Zandu PharmaParikhs(33%)Vaidyas(23.62%)OthersShareholders(39.48%)Emami (3.9%)

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->