CURRENTLY OPEN IDEAS ARE AVAILABLE FOR MEMBERS ONLY.

Closed Ideas

Spenta International Limited – INDIA – Buyback

Spenta International Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On October 28, 2014, Spenta International Limited (BSE:526161) announced that it intends to initiate an equity buyback on November 5, 2014. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 27.30 At the time of potential buyback announcement, the terms of…

Riddhi Siddhi Gluco Biols Limited – INDIA – Buyback

Riddhi Siddhi Gluco Biols Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On May 13, 2014, Riddhi Siddhi Gluco Biols Limited (BSE:524480) announced that it intends to initiate an equity buyback on May 20, 2014. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 294.15 At the time of potential buyback announcement, the terms…

Prime Property Development Corporation Limited – INDIA – Buyback

Prime Property Development Corporation Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT On May 2, 2014, Prime Property Development Corporation Limited (BSE:530695) announced that it intends to initiate an equity buyback on May 14, 2014. The Company’s Board of Directors will consider a share repurchase program under which, the company will buyback its own shares. Share Price = INR 11.50 At the time of potential buyback…

Claris Lifesciences Limited – INDIA – Buyback

Claris Lifesciences Limited – Tender Offer Stock quotes may be delayed unless otherwise stated SUMMARY POTENTIAL BUYBACK ANNOUNCEMENT N/A TENDER OFFER ANNOUNCEMENT On January 7, 2014, Claris Lifesciences Limited (iq25071669) announced a tender offer to buyback 9.25 million shares at a buyback price of INR 250.00 per share. This represents a spread of 26.6% over the market price of INR 197.40 per share, as of the announcement date. The proposed buyback shares represents 14.49% of the total…