Genpact “Dutch” Tender Offer with Odd Lot Provision

Company: Genpact
Ticker: G
Market Cap: $4B
Size of Action: up to $300mm
Type of Transaction: modified “Dutch auction” tender offer
Current Price: $17.34
Exchange Price: $16.50-$18.00
Potential Gain (%): -5%-4%
Expiration: 12:00 Midnight April 2, 2014
Tender Limit (Shares): 99
Max Investment ($): ~$1,720
Max Gain ($): ~$70
Sec Filing: Link
Summary: Genpact Limited, a Bermuda Company (the “Company,” “Genpact,” “we,” “our” or “us”), invites our shareholders to tender up to $300 million in value of our common shares, par value $0.01 per share (the “Shares”), for purchase by us at a price not greater than $18.00 per Share nor less than $16.50 per Share, net to the seller in cash, less any applicable withholding taxes and without interest, upon the terms and subject to the conditions described in this Offer to Purchase and in the related Letter of Transmittal (which together, as they may be amended or supplemented from time to time, constitute the “Offer”).
Odd Lots: ...first, we will purchase all Shares properly tendered by any odd lot holder (holders of less than 100 Shares) at or below the Final Purchase Price and not properly withdrawn;...
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