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Ineos Styrolution delisting failure to have bearing on other ongoing delistings

Ineos Styrolution delisting failure to have bearing on other ongoing delistings
This was the first time, provision of counter-offer was used by any promoter under the Delisting Regulations, which allows the promoter to offer a revised offer to the shareholders - lower than the discovered price. The regulations permit the promoter to walk away if the price discovered through the Reverse Book Build process is higher than Promoter expectations.