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Old 1st Jul 2009, 04:24
  #5 (permalink)  
320capt.
 
Join Date: Jun 2007
Location: around the corner
Age: 45
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Mallya looking to sell Equity

Clearly if the frequent reports by the likes of Economic Times are to be believed, Mallya is looking to sell some equity ( SIA, BA Indigo partners) to anyone wlling to pay HIS price. The problem for Mallya is anyone willing to buy will want management control.. will he be willing to give that??

should make things interesting in the coming months if that dose happen. In current enviroment any money other than high price Debt is very difficult to come by.

Too many incidents of late.. and mostly basic errors.. a bit disconcerting i might add. Anyway we carry on in the uncertain enviroment hoping boss has a plan.

Cheers to all keeping the faith.
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