Friday, January 31, 2020

Vedanta implementing resolution plan for acquisition of FACOR

Vedanta implementing resolution plan for acquisition of FACOR In a regulatory filing the company said, the consideration for the acquisition is in the form of "upfront cash and non-convertible debentures which will mature in four equal instalments over a period of four years" whereby management control of FACOR will be taken by the company.

from Moneycontrol Business News https://ift.tt/2uMe3Co
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Who is Ebrahim Raisi, Iran's president whose helicopter suffered a 'hard landing' in foggy weather?

News of his helicopter making what state media described as a "hard landing" on Sunday immediately brought new attention to the le...