Hutchison's Entire Stake

As year 2007 dawns on us, and Hutchison’s entire stake is on the block, Max is in the news again, and that’s because Analjit, perhaps after one more retrospection, personally bought 8.33% in Hutchison Essar from Kotak Mahindra last year for Rs.1.02 billion to rekindle his ‘telecom affair’. A smart move indeed, as by current valuations, this could fetch him a minimum of Rs.74.5 billion. Of course, he could retain his stake too. If a foreign player bags the deal, it would find Analjit to be a very important cog in the wheel as an Indian partner. But then, for his company, it’s akin to ‘paradise lost’. Indeed, it’s a treatise that’s ‘sad’ to the ‘max’!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)