The Adani Group recently announced that its media unit was set to buy a majority stake in NDTV.
Akil Hirani, Managing Partner and Head of Transactions Practice, was quoted by The Economic Times on the topic.
“NDTV can adopt the classic takeover defence of bringing in a white knight (a rival buyer with deep pockets), who can counter and pay a price higher than that offered by the acquirer,” he said.
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Majmudar & Partners has been ranked by IFLR1000 across multiple practice areas. Our partners Akil Hirani and Rukshad Davar have been recognized as highly regarded lawyers in Banking, M&A, and Real Estate Acquisitions. The IFLR1000 2024 rankings have been...
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Insider trading refers to the practice of trading a company's securities based on Unpublished Price Sensitive Information (“UPSI”), which is not available in the public domain. UPSI encompasses any information that, when made public, can significantly influence the...