Brief: Eternal Will Eventually Own 4.4% Stake In Merged Mygate Entity
Yesterday 11:14
BRIEF-Eternal Will Eventually Own 4.4% Stake In Merged Mygate Entity Oct 21 (Reuters) - Eternal Limited ETEA.NS:
SELLS 11,214 SERIES B SHARES IN ADONMO TO MYGATE; BUYS 184,091 SERIES C1 SHARES IN MYGATE
WILL EVENTUALLY OWN 4.4% STAKE ON FULLY DILUTED BASIS IN MERGED MYGATE ENTITY, STAKE IS CURRENTLY VALUED AT 1.56 BILLION RUPEES
TRANSACTION A STEP TOWARDS A MERGER PROPOSED TO BE EXECUTED BY ADONMO AND MYGATE
Further company coverage: ETEA.NS
((Reuters.Briefs@thomsonreuters.com;))
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