Saturday, May 10, 2008

Big Indian firms embarking on acquisition spree

(MUMBAI) Bharti Airtel's overtures towards South African telco MTN Group, which could lead to India's biggest foreign takeover, are a sign that big Indian firms are hungry for deals and undaunted by a global credit crisis that has dented merger and acquisition (M&A) activity around the world.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,278629,00.html?

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