
Kiri Industries has received the full US$689.03 million following the sale of its stake in DyStar Global Holdings, concluding a nearly decade-long legal dispute. The funds include purchase consideration, buyback proceeds, interest, and court-awarded costs. The dispute, initiated by Kiri in 2015 to protect minority shareholder rights, confirmed minority oppression and led to a court-ordered valuation and sale of DyStar. Kiri incurred significant legal expenses during the proceedings.
Select a news story to see related coverage from other media outlets.