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Govt May Sell Residual Stake In Divested Psus

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BUSINESS STANDARD

The government is considering a proposal to take advantage of the buoyancy in PSU stocks and sell its residual equity in divested companies to exit from them completely. The government still holds upwards of 26 per cent in all the companies in which it has relinquished management control through strategic sale.

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First Published: Jul 06 2002 | 12:00 AM IST

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