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    Bharati Shipyard makes offer for Great Offshore

    News // June 4, 2009

    Bharati Shipyard has reportedly made an open offer for 20 per cent of offshore supply vessel operator Great Offshore's shares.

    The offer to acquire 7.8 million shares opens July 25 and closes August 13, SBI Capital Markets said in an advertisement in Business Standard.

    Bharati Shipyard will pay around 2.7 billion rupees for the stake, which will take its stake in Great Offshore to 35 percent, a senior company official told Reuters.



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