Thomas Cook - Updates on Open Offer
Kotak Mahindra Capital Company Ltd (”Manager to the Offer”) for and on behalf of Thomas Cook UK Ltd (”Acquirer”) has issued this Corrigendum to Public Announcement to the shareholders of Thomas Cook (India) Ltd (”Target Company”), which is in continuation of and should be read in conjunction with the Public Announcement (”PA”) issued on March 08, 2008 & addendum cum Corrigendum to PA issued on March 27, 2008, pursuant to and in compliance with, among others, Regulation 10 & Regulation 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997, as amended (”Regulations”).
The shareholders of the Target Company are requested to note the following:
The Letter of Offer is in the process of finalization & shall be dispatched to the shareholders of the Target Company once all the necessary clarifications were received. Subsequently, the original timeline as circulated in the PA stands revised & the Company will issue a PA containing the revised timeline for the Offer in due course.
Terms used but not defined in this announcement shall have the same meaning as assigned in the PA and/or Addendum.
Tags: Thomas Cook