Markets set to follow creeping acquisition norm

PUBLISHED ON: July 10, 2006

   
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Investors may have burnt their fingers but the market meltdown has come as a big opportunity for Indian promoters to tighten their grip on group companies and stave off possible takeover attempts. Most business groups are busy buying shares of their own companies to make the most of the bearish market and also assure shareholders that the shares are worth much more.
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