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The Magnum Ice Cream Company HoldCo 1 Netherlands B.V.
5 articles
Magnum HoldCo's mandatory open offer to acquire a 26% stake in Kwality Wall's India at INR 21.33 per share has concluded with minimal acceptance, representing just 0.01% of the offered shares. This open offer follows Magnum HoldCo's earlier acquisition of a 61.90% controlling stake from Unilever for EUR 278.55 million on March 30, 2026. The transaction stems from Unilever's demerger of its ice cream business and subsequent global separation. Despite an independent valuation deeming the offer price fair, the market price was higher, and the open offer is unlikely to significantly alter Kwality Wall's shareholding structure.
Kwality Wall's Open Offer Results: 0.01% Acceptance
Kwality Wall's discloses post-offer advertisement for Magnum Ice Cream's mandatory open offer for 26% equity shares at ₹21.33 per share.
The open offer received minimal acceptance of only 142,126 shar
Kwality Wall's Open Offer Sees Minimal 0.01% Acceptance
Post-offer advertisement discloses results of the mandatory open offer for 26% of Kwality Wall's shares at INR 21.33 per share.
Offer saw minimal acceptance of only 142,126 shares (0.01% of offer size
Kwality Wall's Open Offer for 26% at ₹21.33/Share
Kwality Wall's discloses open offer by Magnum HoldCo for 26% equity at ₹21.33/share, totaling acquisition of 61.09 crore shares.
Independent directors committee deemed offer price fair per SEBI SAST r
Magnum HoldCo Kwality Open Offer 26% at INR 21.33
Kwality Wall's received Letter of Offer for mandatory open offer by Magnum HoldCo 1 Netherlands B.V. to acquire 26% equity shares at INR 21.33 per share.
The open offer follows completion of underlyin
Magnum HoldCo Kwality Walls 26% Open Offer
Mandatory open offer by Magnum HoldCo to acquire up to 61.09 crore shares (26% stake) in Kwality Walls India at INR 21.33 per share pursuant to SEBI SAST Regulations.
Offer follows completion of under