Robert Bosch ups MICO India offer price by 15 pc

Germany’s Robert Bosch GmBH has raised its open offer price by 15 percent to buy an additional 20 percent in its India unit Motor Industries Co. Ltd. (MICO) , managers Citigroup said on Wednesday.

The offer, to buy 6.4 million shares, is now priced at Rs 4,600 ($112) per share, up from the Rs 4,000 announced earlier. More
Courtesy:economictimes.indiatimes.com

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