'New takeover code to help minority shareholders'
The new takeover code, which market regulator Sebi recommended on Monday proposing hike in the threshold that triggers a mandatory open offer as well as the size of the offer, will help the minority shareholders, according to captains of the Indian industry.
Private equity groups will take more minority stakes in companies as they face up to the shortage of bank debt available to finance full takeovers, according to the head of one of Europe's biggest buy-out groups.