Hutchison Telecom to take a decision in next 15 days

[Sushubh]

Hutch to take a call in 15 days - Times of India

India Business News: Industry speculation peg the bids in the range of $13.5 billion to $29 billion. Reliance Communications, sources said, has offered cash and stock to t

timesofindia.indiatimes.com

 

[Crazysah]

So by like the 20th of January they will have decided?

 

[Sushubh]

i have a feeling this would end up in supreme court.

 

[Crazysah]

Nah.. I don't think so. I think it will be fair bidding.

 

[Sushubh]

i am sure if hutchison goes for a non-essar company and essar has a problem with it, they would straightly go to the courts.

 

[Crazysah]

Not if they were rightly outbid for it.

 

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[Sushubh]

essar claims that they have the first right of refusal. hutchison denies it. good enough reasons to go to courts.

 

[Crazysah]

You have a point there.