EXPLAINER-The Bitter Takeover Battle Between India apos;s Adani And News...
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NEW DELHI, Aug 25 (Reuters) - When India's richest man Gautam Adani this week unveiled plans for taxi price Delphi to airport his firm to control a majority stake in New Delhi Television (NDTV), taxi online Delphi greece it was the stealth approach in executing the transaction that drew most attention in the news industry.
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Adani Group's indirect control of a stake above 25% means it must put forward an open offer to purchase at least 26% more from existing shareholders in NDTV to give them an opportunity to exit, according to Indian regulations.
(Reporting by Munsif Vengattil in New Delhi, M. One option would be for taxi Delphi greece the NDTV founders to make their own open offer at a higher price to try to increase their stake and challenge Adani, said Shriram Subramanian, founder of proxy advisory firm InGovern.
NDTV is regarded by some as one of the few independent voices in India's rapidly polarising media landscape, and the takeover attempt has triggered concerns among journalists and taxi Delphi greece politicians that a change of ownership could undermine its editorial integrity.
CCTV footage later captured the electrician walking away from the scene. Boggans was waiting for his then-girlfriend to collect him when an argument broke out with the 44-year-old, private day tours in Delphi greece who was knocked to the ground during the skirmish.
More than a decade ago, NDTV founders Prannoy and Radhika Roy took 4 billion rupees ($50 million) in loans from VCPL, and taxi from Meteora port to acropolis in exchange issued warrants that allowed the company to acquire a 29.18% stake in the news group.
