Ice_Witch
I write totally cool slow burn romance novels! Click "Original Works" below to check out all my awesome works <3 Discord - Ice_Witch#0691
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ha ha... got it 😅
no no... acquiring promoter stake of a company is enough for an acquisition...but as for valuation, they value the assets and liabilities as per book and pay the price... if someone desires, then they can buy majority shares but shareholders should agree and sell for that
Hmm... not necessarily if they're only acquiring the promotor stake... happens very common in infra industry..... ha ha... we're going into too much technical here 🤣🤣🤣 but txt me on discord if there is a concept mistake... I'll try to correct it😅
ha ha... agreed, that's an option too... but most of Dhruv's majority stake was from his own company (Marble Enterprises), he only acquired a small stake held by Riya's family in Riya's Choice... so he won't be able to transfer his own promoter stake to Riya or anyone without his board's approval, even though he holds majority stake in there... if such a big change happens, investors will start disinvesting which is bad for both the companies.... maybe I should include this somewhere? 🤔🤔