12 Oct 07 Foseco India Open Offer Price Fixed
The Foseco India Open Offer Price has been fixed. The open offer price has been fixed at Rs. 420 per share. The open offer opens on December 05, 2007 and closes on December 24, 2007. Cookson Group Plc will acquire 20% of the paid up capital of Foseco India through the open offer. DSP Merrill Lynch is the manager to the Foseco India Open Offer. Foseco India is listed in both NSE and BSE. The NSE symbol for Foseco India is FOSECOIND. The shares of Foseco India are presently trading at Rs. 440 which is at a Rs. 20 premium to the Open Offer Price fixed by the Cookson Group.
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