Punters’ Hopes of Delisting Gains Dashed as MNCs Opt for Stake Sales

Punters’ Hopes of Delisting Gains Dashed as MNCs Opt for Stake Sales

Various global multinational giants have poured cold water on the expectations of local investors, who mopped up shares of Indian subsidiaries of these entities in anticipation of their delisting from the domestic bourses. With parents of at least eight MNCs choosing to cash out of the domestic arms in the wake of the sharp run-up in their share prices…

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TIS Staff

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