{"id":493097,"date":"2022-05-23T10:53:10","date_gmt":"2022-05-23T05:23:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=493097"},"modified":"2022-05-23T10:53:10","modified_gmt":"2022-05-23T05:23:10","slug":"swan-energy-to-acquire-75-stake-in-veritas-india-for-rs-260-35-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/swan-energy-to-acquire-75-stake-in-veritas-india-for-rs-260-35-crore\/","title":{"rendered":"Swan Energy to acquire 75% stake in Veritas India for Rs 260.35 crore"},"content":{"rendered":"<p>Swan Energy (SEL) said on Sunday it intends to acquire a stake of more than 75% in Veritas (India), a petrochemicals and petroleum products manufacturing company, for Rs 260.35 crore.<\/p>\n<p>The Mumbai-based firm has already acquired a 55% stake in Veritas for Rs 172.52 crore. It will acquire an additional 26%  from public shareholders through an offer priced at Rs 126 per share, totalling to Rs 87.83 crore, SEL said in a regulatory update.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swan Energy (SEL) said on Sunday it intends to acquire a stake of more than 75% in Veritas (India), a petrochemicals and petroleum products manufacturing company, for Rs 260.35 crore. The Mumbai-based firm has already acquired a 55% stake in Veritas for Rs 172.52 crore. It will acquire an additional 26% from public shareholders through an offer priced at Rs 126 per share, totalling to Rs 87.83 crore, SEL said in a regulatory update.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-493097","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493097","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=493097"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493097\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=493097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=493097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=493097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}