Terminate Confidentiality, Exclusivity and Standstill Agreement with IDFC Group
Shriram Asset Management Co announced that the confidentiality, exclusivity and standstill agreement entered into both Shriram Group and IDFC Group stands terminated with immediate effect as despite best efforts by both groups, they could not hit common ground and arrive at a mutually acceptable structure and valuation. Further, both parties agreed to abort any further discussion on the proposed potential combination.Powered by Capital Market - Live News
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