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ONE BIDDER MAY OPT OUT OF STAKE SALE BY INDIA'S IFCI.

AsiaPulse News

| November 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, Nov 1 Asia Pulse - IFCI Ltd (BSE:500106) on Wednesday said that one of the eight prospective bidders, who are in the race for 26 per cent stake in the financial institution, may opt out.

"There are indications that one may drop out of the process, IFCI CEO Atul Kumar ...

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Source: HighBeam Research, ONE BIDDER MAY OPT OUT OF STAKE SALE BY INDIA'S IFCI.

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