Hindujas out of Hutch. Shady deals in the past 6 months.
Hindujas have finally settled at $450 Million for their 5.1% stake in Hutch. Earlier I had reporetd that the Hindujas were demanding $600 million valuing Hutch @ $12 Billion. After Hinduja’s selloff, Hutchinson Telecommunications Ltd(HTL) stake in Indian venture is at 48% while Essar groups Ruias stake will be atContinue Reading