Article: Netherlands-based firm's open offer to BRFL shareholders.

Netherlands-based firm's open offer to BRFL shareholders

Mumbai, March 26 (PTI) Bombay Rayon Fashions Ltd today said a Netherlands-based firm, AAA United BV, intends to acquire 20 per cent stake in the company.

AAA United BV has made an open offer to the shareholders of the company to acquire over 1.74 crore fully paid equity shares at a price of Rs 185 each from existing shareholders, Bombay Rayon Fashions (BRFL) informed the Bombay Stock Exchange.

The open offer, which ...

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