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CESC to acquire 49.5% equity in FirstSource: Sanjiv Goenka

Sanjiv Goenka of CESC told CNBC-TV18 the company will acquire 49.5% equity in FirstSource Solutions for Rs 280 crore.CESC is scheduled to buy 5% each from three FirstSource shareholders including ICICI, Temasek and Fidelity. Thereafter, CESC would provide an open offer at Rs 12.10 per share.

first published: Oct 25, 2012 05:19 pm

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