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Bought Out Deal

An underwriter has a commitment to buy all the shares, from a company and becomes financially responsible for selling them. Also called firm allotment.

News On Bought Out Deal
Work out a plan to deal with coal supply: PMO to CoalMin

12-10-2014| Source:PTI

The PMO has asked the Coal Ministry to work out a plan of action to deal with the present situation -- arising out of the Supreme Court's cancelling the allocation of 214 coal blocks

IDFC jumps 2%, sells 2 IT SEZs for Rs 1125 cr

30-09-2014| Source:Moneycontrol.com

According to CNBC-18 sources say the deal has been concluded for about Rs 1125 crore. Both put together IDFC had bought the assets for about Rs 950 crore. It had paid Rs 500 crore back in 2011

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