 "Merck's pharma production plant in Nantong (China)")
Merck surged 19% to Rs 1,795, also its record high on the BSE in intra-day trade, after the Procter & Gamble Overseas India makes mandatory open offer to acquire 26% stake in the company at price of Rs 1,500.36 per share.
Procter & Gamble Overseas India BV, together with The Procter & Gamble Company in its capacity as a person acting in concert made an open offer for acquisition of up to 4.32 million shares representing 26% of total equity of Merck at a price of Rs 1,500.36 per share, ICICI Securities, the manager of the open offer said
Procter & Gamble Overseas India BV, together with The Procter & Gamble Company in its capacity as a person acting in concert made an open offer for acquisition of up to 4.32 million shares representing 26% of total equity of Merck at a price of Rs 1,500.36 per share, ICICI Securities, the manager of the open offer said
