Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 22/Jan/2007 at 8:33am
If Bajaj Auto buys that then it would have to come out with an open offer but I think it would merge the two companies. But the problem in this is the BIG "IF" Bajaj could buy it in 2010 also in that case the opportunity cost of investing will be high and will also hurt.
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