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Rival may bid for Zuari's MCF stake if UB fails to buy

Zuari Fertilizers, which is keen to sell its 16.4 percent stake in UB group firm Mangalore Chemicals and Fertilizers, has been waiting to hear from Vijay Mallya. Sources say rival Deepak Fertilizer, which also holds a significant stake in MCF, may bid for Zuari's stake.

first published: Jan 7, 2014 10:56 am

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