There is more value in bringing businesses together, says Raj Balakrishnan, Merrill Lynch, about the AB Nuvo-Grasim merger. "This is precisely its focus on developing underlying businesses which will grow in the long term and that is what creates share holder value," he adds.The shareholders of both Grasim and AB Nuvo will be given shares is the biggest upside of the merger, says Kaku Nakhate, Country Head, Bank of America India.Watch video for more.
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