Videocon Plans for more Mergers and Aquisitions
By TMI | July 10, 2007
Videocon had recently announced in press release in New Delhi that they will be achieving their target of making it 10 billion dollar company and main targets to to achieve this will be mergers and aquisitions. Videocon Chaieman Venugopal Dhoot said “We are a three billion dollar group now… we intend to become a ten billion dollar group. We have a corporate plan and we will realise it in the next five years,”
According to him company haslarge funds which are liquid and they will be looking at Europe and US for possible mergers or acquisition.
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Topics: Corporate Actions |
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