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A strategic sale of a Public Sector Unit (PSU) necessarily involves
Select the correct answer using the codes below.
1 only
2 and 3 only
1 and 3 only
None of the above
There was a major shift in the disinvestment policy from selling small lots of share in the profit-making PSUs (i.e., token disinvestment) to the strategic sale with change in management control both in profit and loss- making enterprises. The essence of the strategic disinvestment was—
The minimum shares to be divested will be 51 per cent, and the wholesale sale of shares will be done to a 'strategic partner' having international class experience and expertise in the sector. This form of disinvestment commenced with the Modern Food Industries Ltd. (MFIL).
By: Pradeep Kumar ProfileResourcesReport error
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