{"id":298517,"date":"2019-10-30T10:58:06","date_gmt":"2019-10-30T05:28:06","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=298517"},"modified":"2019-10-30T11:23:45","modified_gmt":"2019-10-30T05:53:45","slug":"total-offers-attractive-rs-149-63-per-share-to-adani-gas-shareholders","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/total-offers-attractive-rs-149-63-per-share-to-adani-gas-shareholders\/","title":{"rendered":"Total offers &#8216;attractive&#8217; Rs 149.63 per share to Adani Gas shareholders"},"content":{"rendered":"<p>French oil major Total has made a cash offer of Rs 149.63 a share to Adani Gas\u2019 public shareholders, according to a letter shared on the stock exchanges. This is a sequel to Total\u2019s agreement to acquire 37.4 per cent of shares in the company. <\/p>\n<p>Adani Gas closed at Rs 147.9 on Tuesday, two per cent less from its close on October 15, when the deal was announced. As the company continues to trade at a price higher than peers in the same business, analysts say it&#8217;s an attractive offer. <\/p>\n<p>\u201cThe stock is expensive compared to peers, which makes Total\u2019s offer an attractive one for those who wish to exit. For those who wish to continue holding it, it is a word of caution that the stock is already expensive,\u201d said one who did not wish to be identified.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>French oil major Total has made a cash offer of Rs 149.63 a share to Adani Gas\u2019 public shareholders, according to a letter shared on the stock exchanges. This is a sequel to Total\u2019s agreement to acquire 37.4 per cent of shares in the company. Adani Gas closed at Rs 147.9 on Tuesday, two per cent less from its close on October 15, when the deal was announced. As the company continues to trade at a price higher than peers in the same business, analysts say it&#8217;s an attractive offer. \u201cThe stock is expensive compared to peers, which makes Total\u2019s [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-298517","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=298517"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298517\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=298517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=298517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=298517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}