Bosch Chassis' parent rejects delisting price
New Delhi, Apr 2: Bosch Chassis Systems Ltd has said its shares will continue to be traded as its German parent Robert Bosch has rejected the delisting price. The parent had rejected the final price of Rs 750 per share, established by the reverse book building process, it said in a notice to the BSE late yesterday. Robert Bosch had made an open offer to acquire 20 per cent in the Indian unit and set a floor price of Rs 415 per share for the offer.
UNI
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Story first published: Wednesday, April 2, 2008, 15:11 [IST]