Vioth Bespannugestchnim GmbH made open ofer to buy 40.8 per cent shares of Porritts & Spencer (Asia) from the general public at a price of Rs 80 per share. The current market price of the company rules around Rs 67.5 on BSE. Voith Bespannugstechnim GmbH has send the notice to the Bombay Stock Exchange for the propose open offer to the public through its issue manager Merrill Lynch. It has made this offer to the shareholder after its agreement to acquire 59.2 per cent of equity capita
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