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Taib Bank buys shares in Visu International

HYDERABAD: Taib Bank E.C. sub-account Taib Securities Mauritius has acquired 7.50 lakh shares in Visu International. Y. Sonia Reddy, Vice-Chairman and Managing Director of Visu International, said the company was drawing plans to diversify into setting up international schools in several countries, and also `global classrooms' in India and Africa using satellite-linked technology. To finance this diversification, it plans to come out with a global depository receipt (GDR) issue, she said.

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