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Takeover of EIL: Suitor to sign LOI in end-April or May
Apr 19: Sources said that a suitor has been found to take over the 100% shareholding of the government in Projects & Development India Limited (PDIL) through the strategic sale route along with a transfer of management control.
8Final negotiations are on.
8An LOI is likely at the end of April or May in place of March 2018 due to delay in the inspection by a suitor.
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