Reliance Communications updates on bid for Hutch

Reliance Communications Ltd has announced that the Board of Directors of the Company has discusses various opportunities for growth on a continuous basis. The potential acquisition of Hutchison Essar Ltd is one such situation.

However, as is customary, there is no certainty either on the completion, or the timing, of any such proposal.

The cornerstone of the Company's strategy for future growth will always be sustainable value creation for all stakeholders of the Company.

Source : Equity Bulls

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