The battle for Great Offshore has intensified with ABG Shipyard again hiking the offer price to Rs 520 a share after making a series of bulk and block purchases of Great Offshore stocks in the last few days. ABG...
ABG Shipyard ups Great Offshore offer price to Rs. 450
Stepping up the intensity of rivalry in taking over drilling firm Great Offshore, ABG Shipyard today further increased the open offer price, the second since June, offering Rs 520 a share. ABG, which is pitched against...
ABG Shipyard hikes stake in Great Offshore, raises open offer price
The bid to control Great offshore took a new turn on Wednesday after ABG Shipyard acquired over 19.26 lakh shares of Great Offshore in separate bulk deals on the BSE and NSE at Rs 450 a share. This has automatically...
ABG Shipyard increases stake in Great Offshore to 7.8%
ABG Shipyard has acquired another 2.12 lakh shares of Great Offshore through a bulk deal on the NSE at Rs 450 a share on Thursday, hiking its stake in the company to 7.8 per cent. On Wednesday, the company had acquired...
Bharati Shipyard – Updates on Open Offer to the shareholders of Great Offshore
SBI Capital Markets Ltd ("Manager to the Offer") on behalf of Natural Power Ventures Pvt Ltd ("NPVPL"/"Acquirer") along with Bharati Shipyard Ltd ("BSL") & Dhanshree...
Bharati Shipyard ups open offer price to Rs 405
Bharati Shipyard, which acquired 19.47 per cent stake in Great Offshore last month, has increased its open offer price to Rs 405 a share. On June 23, Great Offshore found itself at the centre of a takeover battle, after...
Bharati Shipyard, ABG battle for Great Offshore
Bharati Shipyard’s bid to wrest control of Great Offshore Ltd took a new turn on Tuesday with ABG Shipyard, a rival company, making a counter offer to the shareholders of the Mumbai-based offshore service company...
Fight for Great Offshore could drain internal accrual
The race for acquiring a stake in offshore oilfield service provider Great Offshore Ltd (GOL) gained pace with ABG Shipyard making a counter offer early on Tuesday, and Bharati Shipyard announcing its intention of...
Great Offshore – Disclosure of acquisition of equity shares of Great Offshore Ltd by Dhanshree Properties Pvt Ltd
Dhanshree Properties Pvt Ltd has informed BSE that Natural Power Ventures Pvt. Ltd ("NPVPL" or the "Acquirer") along with Persons Acting in Concert viz, Bharati Shipyard Ltd (‘BSL’) and...
Dhoot could join battle for Great Offshore
The battle for Great Offshore is likely become more intense now as Videocon Chairman Venugopal Dhoot has dropped hints that he could join the race for the integrated oilfield services provider. "I would not sell my...
ABG, Bharati slug it out for Great Offshore pie
Great Offshore, a supplier of rigs used for offshore drilling, found itself at the centre of a takeover battle on Tuesday, following an unsolicited bid by ABG Shipyard to counter an ongoing open offer from Bharati...
Bharati Shipyard’s buy of Great Offshore – A new trend setter?
The acquisition of the controlling stake of 14.9 per cent in Great Offshore by Bharati Shipyard (through its subsidiaries) by way of purchase of pledged shares in a non-cash deal technically “averted”...
