Emirates NBD proposes to launch open offer for RBL Bank stake on December 12
Emirates NBD Bank (P.J.S.C.) has proposed to launch an open offer at Rs 280 per share to acquire 26% stake in RBL Bank, the private bank informed stock exchanges. Shareholders can tender shares from December 12 until December 26, subject to Sebi approval. The total size of the open offer is fixed at Rs 11,636…