Blue Dart board meet Aug. 17 to consider DHL offer

The majority shareholder of Indian express delivery firm Blue Dart Express Ltd. has offered to buy out all outstanding shares at 550 rupees a share, the company said on Monday.

Blue Dart board would meet on August 17 to consider the offer from DHL Express (Singapore) Pte. Ltd., which owns 81.03 percent of the company, and take a decision on consequent delisting.

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