Max India Demerger saga finishes
Last week the final (3rd) company from Max India demerger exercise got listed on bourses, we started tracking this story in Jan 2016. A lot has happened over last six months and it's time to take stock and understand how this spin off / demeger has played out.
In Jan' 2016 we conservatively estimated that then market cap was a 5% premium to our calculate…
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