Saturday, May 31, 2008

MTN plans swap deal for 74% of Reliance Comm

(MUMBAI) South Africa's MTN and Reliance Communications are discussing a deal in which MTN would take a 74 per cent stake in India's No 2 mobile operator in a cash and stock swap deal, the Economic Times said yesterday.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,281618,00.html?

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