Robert Bosch ups MICO India offer price by 15 pct

Newswire

MUMBAI, June 27 (Reuters) - Germany's Robert Bosch GmBH [ROBG.UL] has raised its open offer price by 15 percent to buy an additional 20 percent in its India unit Motor Industries Co. Ltd. (MICO) , managers Citigroup said on Wednesday. The offer, to buy 6.4 million shares, is now priced at 4,600 rupees ($112) per share, up from the 4,000 rupees announced earlier. All other terms of the offer -- open from June 20 to July 9 -- are the same. It is managed by Citigroup Global Markets India ...

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