Docomo, listed both on Nikkei and the New York Stock Exchange - TopicsExpress

Docomo, listed both on Nikkei and the New York Stock Exchange (NYSE), announced its decision to withdraw from India at its shareholders’ meeting, a day after a board meeting. There is a ‘put’ option in the shareholders’ agreement, which means Tata Cellular has to buy out Docomo’s 26.5 percent stake in the joint venture if it doesn’t find a buyer. A company official said that Tata would probably buy it out only to put it up for sale soon afterwards.

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