The open offer was triggered after the German company acquired US-based Wabco Holdings, and the offer price is Rs 7,067.51 per offer share, totalling Rs 3351.34 crore.
Components makers are reinventing their business to transform and survive in a post-Covid world
Piramal, Tata Power, and TVS group units figure in list
The company hopes its overseas push will help compensate for the slowing sales domestically
Five-day shutdown at Chennai units starting Oct 29, Hosur to go silent for three days
An acquisition strategy is helping the company add new capabilities
Company plans to invest around $50 mn in US, around Rs 400 cr in India