EXPLAINER-The Bitter Takeover Battle Between India apos;s Adani And News...
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taxi prices Volos - https://en.volos-minivan.eu/ATHENS-0000000051-taxi-prices-Volos.html. More than a decade ago, NDTV founders Prannoy and Radhika Roy took 4 billion rupees ($50 million) in loans from VCPL, taxi from athens port to acropolis and in exchange issued warrants that allowed the company to acquire a 29.18% stake in the news group.
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.
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NEW DELHI, Aug 25 (Reuters) - When India's richest man Gautam Adani this week unveiled plans for his firm to control a majority stake in New Delhi Television (NDTV), it was the stealth approach in executing the transaction that drew most attention in the news industry.
The company has concluded an accelerated 2D seismic campaign for the blocks in the Ionian Sea and was still waiting for the final interpretation, Chief Executive Andreas Shiamishis told an analysts conference.
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 politicians that a change of ownership could undermine its editorial integrity.
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One option would be for 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. (Reporting by Munsif Vengattil in New Delhi, M.
"But we have enough evidence to convince us to move into the 3D phase which will start in the next few weeks," he said, after Helleniq reported a leap in third-quarter profit thanks to robust refining margins and exports.
As part of its push to diversify its business and reach a solar and wind energy capacity of 1 gigawatt by 2026, Helleniq also said it was "in advanced negotiations" to acquire green energy projects via new acquisitions in Greece and abroad.
($1 = 0.9844 euros) (Reporting by Angeliki Koutantou Editing by David Goodman and private day tours in Thessaloniki greece Chris Reese) It will pay an additional interim dividend of 0.25 euros per share based on nine-month financial performance, it said.
ATHENS, Nov 10 (Reuters) - Helleniq Energy will start a process to acquire more advanced data for potential gas reserves in two offshore blocks in the Ionian Sea in the coming weeks, taxi prices Volos its top executive said on Thursday.
