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Tatas open offer for VSNL at Rs 202

Our Bureau

MUMBAI, Feb. 8

THE Tata group today announced an open offer for 20 per cent of the equity share capital of Videsh Sanchar Nigam Ltd (VSNL) at Rs 202 per share.

The offer follows the Tatas acquiring 25 per cent Government stake in VSNL through the bidding process at Rs 202 per share early this week. The open offer will open on April 10 and close on May 9.

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