Finance Ministry amends rules on minimum public shareholding for IPOs — Here’s a look at the changes, benefits

The Finance Ministry’s Department of Economic Affairs (DEA) on Friday notified changes to India’s IPO rules with regards to the minimum offer and allotment to the public in an offer document. The notification dated 13 March, provides a tiered structure for companies and corporations planning to list on the stock exchanges. It amends the Securities…

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Netflix is ​​big winner in Warner takeover battle as CEO puts shareholders over ego

Here’s what Netflix said late Thursday: “The transaction we negotiated would have created shareholder value with a clear path to regulatory approval. However, we’ve always been disciplined, and at the price required to match Paramount Skydance’s latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid.”…

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