Rules Of The M&A Game 2011: Promoter POV (1)
14 years and 23 amendments later, India’s Takeover Code is about to change. Starting October 23rd, a new Takeover Code will determine the business of buying and selling companies in India.
Will friendly investors get more wriggle room? Does the Code block hostile investors? Are promoters allowed more defenses? Will new governance norms level the playing field for the minority?
On this special series we debate the impact of the new ‘Rules Of The M&A Game: 2011’ on Promoters, Acquirers & Public Shareholders.
In this first episode of the series we discuss 2 big changes impacting target companies and their promoters. Vulnerability and defense.