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Our Bureau

Hyderabad , Jan. 17

The board of directors of SQL Star International Ltd, on Wednesday approved the company's plans to raise up to $20 million to fund its acquisition plan and for investments in the current lines of businesses, a company statement said. The company has already identified a couple of US-based companies for acquisition that fits with its existing lines of business and negotiations are in an advanced stage, said Mr N.R. Ganti, Chairman and Managing Director.

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SQL Star to raise $20 m

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