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| Exchange Disseminated Time | Esab India Ltd has informed BSE that the Company have received an e-mail from Charter International Plc, the ultimate holding Company of ESAB India Limited, which states that "Melrose Plc has approached Charter International Plc with a view to entering into discussions at possible offer for the entire issued share capital of Charter".
In turn, Charter informed London Stock Exchange that the offer by Melrose Plc is highly preliminary, conditional and opportunistic. Charter also informed the London Stock Exchange of its Board of Director's decision to reject Melrose Plc offer. |
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