Friday, September 26, 2008

VISHAL IT PLANNING BUYS IN UK, EUROPE

Mumbai
Business Standard
Chennai-based Vishal Information Technologies is planning acquisitions in the UK and continental Europe. The proposal will be considered by the board at its meeting on October 01, 2008, the company said in a statement. The company will consider issuing either Global Depository Receipts or raising External Commercial Borrowings (ECB) routes to raise fund for the acquisitions.

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