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Avaya Mauritius' open offer

MUMBAI, APRIL 5. Following an agreement to pick up 25.1 per cent stake in Tata Telecom from the Tata group, Avaya Mauritius Ltd and associates are making an open offer to TTL shareholders to acquire up to 28.46 lakh company shares of Rs. 10 each at Rs. 220 per share.The offer would open on May 13 and close on June 11, DSP Merill Lynch, manager to the offer, informed the BSE today.

— PTI

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