The more the merrier that’s the SpiceJet story as the race for this low cost airline hots up.
So besides the king of good and bad times Vijay Mallya and Wilbur Ross, SpiceJet’s bankers Rothschild have shortlisted two more bidders till now.
This takes the suitor tally to four, out of which three are just investors [...]

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The SpiceJet stake sale deal seems to be getting spicier with billionaire US based investor Wilbur Ross confirming that he is indeed in talks to buy a stake in the company.
The king of good times Vijay Mallya, the other prospective buyer, may need to match Wilbur Ross’s offer to get back into the deal.
SpiceJet has [...]

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Maintaining a stoic silence over the fate of its agreement for exclusive talks with India’s Anil Ambani group firm RCom for an amalgamation deal, South African telecom giant MTN is likely to convene a board meeting on Thursday to discuss the issue.
Sources close to the development indicated that MTN could hold a board meeting to [...]

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Yahoo Inc on Monday sought to rally shareholder support in the face of a proxy battle with billionaire Carl Icahn, saying the activist investor had an “ill-defined plan” for the future of the Internet company.
Yahoo detailed its rationale for rejecting a $47.5 billion takeover offer by Microsoft Corp, questioning whether the [...]

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Ambani siblings’ war intensified on Saturday with the younger Anil’s group warning to retaliate in case Mukesh-led Reliance Industries goes legal with its claim on the potential multi-billion dollar amalgamation deal that the former is pursuing with South African telecom giant MTN.
In a strongly worded reply to RIL’s threat to go legal against ADAG to [...]

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The final offer Microsoft made to Yahoo! this week which the beleaguered Internet search company spurned again would have given it $9 billion in cash and $1 billion a year in revenue sharing.
Microsoft had offered $8 billion for a 16 percent stake in Yahoo! and $1 billion for its search business, Kevin Johnson, a key [...]

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