Financial Daily
from THE HINDU group of publications
Friday, December 15, 2000
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Financial Daily from THE HINDU group of publications Friday, December 15, 2000 |
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Gesco: More time to battle
THE decision of the Renaissance group to extend the offer closing date for Gesco Corpn to January 24, 2001 may keep some speculative interest in the stock in anticipation of a revision in price.
The group has offered Rs 27 per share for a 45 per cent stake and the Sheths-Mahindra combine has made a counter offer at Rs 44 a share. -- BL Research Bureau
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