Macmillan Dermerger - Value Buy

Macmillan demerger- one share of Macmillan India publishing for one share of Macmillan India

Macmillan India seems to be a value buy. They are giving 1:1 stock of macmilln india publishing for macmillan india share holders.

And the demerged shares wont be listed but bought back at Rs 69.Macmillan India would be a frontline IT company.

CMP of Macmillan India is 135.

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