IHS Chemical Week

People & Business :: M&A

Battle looms for control of Mangalore Chemicals & Fertilizers?

7:48 AM MDT | April 24, 2014 | Natasha Alperowicz

Deepak Fertilisers and Petrochemicals (Pune, India), which now holds a 25.3% stake in Mangalore Chemicals and Fertilizers (MCFL; Mangalore, India), is making an open offer to shareholders to acquire a majority share. In a hostile move, SCM Soilfert, a wholly owned subsidiary of Deepak, is offering to buy an additional 26% stake in the publicly quoted MCFL for 1.9 billion Indian rupee ($31.1 million). In response, Zuari Agro Chemicals, a 16.43% shareholder in MCFL, said it is also interested in acquiring a majority stake in the company and is considering all its...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa