*ICICI in talks to sell entire stake in 3IINFOTECH-Headline news** http://akprabhakar.blogspot.com/2009/12/icici-in-talks-to-sell-entire-stake-in.html ***
*Carlyle and KKR have shown interest in buying ICICI’s 27% stake in 3i Infotech. A potential acquisition will also require the buyer to launch a mandatory 20% open offer, taking the total investment to Rs 800-Rs 900 crore, the person said on condition of anonymity. http://economictimes.indiatimes.com/infotech/ites/ICICI-in-talks-to-sell-entire-stake-in-3i-Infotech/articleshow/5312205.cms * *ICICI has already appointed PricewaterhouseCoopers to advise it on the sale, the investment banker said.* *Caution:** 3IINFO is our Diwali pick and many following me should be holding this stock, ICICIBANK wanted to exit non-core business and already they have sold stake in open market and LIC also brought sake so there is nothing new about this stock. Please take informed decision based on your own judgment. http://akprabhakar.blogspot.com/2009/10/happy-diwali-happy-investing.html * Regards A.K.Prabhakar Equity Analyst [email protected] [email protected] * * http://akprabhakar.blogspot.com http://prabhakar-views.blogspot.com *Disclaimer:*** *This represents views based purely on Technical studies. The information and views presented in this report are prepared by A K Prabhakar. The information contained herein is based on my analysis of the Charts and upon sources that I consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither A K Prabhakar nor any person connected with him accepts any liability arising from the use of this information and views mentioned in this document. A K Prabhakar and his affiliates may hold long or short positions in the above-mentioned companies from time to time. The report is intended for a restricted audience and I am not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities. * -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
