Oracle Global (Mauritius) today annouced raising its i-flex open offer price to Rs 2,100 from the Rs 1,475 announced earlier.According to an official release issued by i-flex to the BSE today, the revised offer is for the acquisition of up to 28,390,000 fully paid up equity shares of face value of Rs 5 each of i-Flex, representing 34.14% of the emerging voting capital, at an offer price of Rs 2,084 per fully paid up equity share along with an interest of Rs 16 per fully paid of equity share for the delay in the offer amounting to a total payment of Rs 2,100 per fully paid up equity share. The revision announcement was made by offer manager DSP Merrill Lynch on behalf of oracle. The total outgo of the revised offer would be Rs 5,961.9 crore, the release added.
