Sony Ericsson is in advanced talks to acquire Spice Mobile. According to Economic Times, Sony Ericsson is in advanced talks with BK Modi of Spice Mobiles to acquire his 64% stake in the company. According to ET, Modi demanded Rs 80-100 per share from the world's 3rd largest mobile handset manufacturing company means Spice Mobile will be valued at around Rs 700 crore.
Stock rumor: Sony Ericsson may acquire Spice mobile
Posted by
nvkrishna under Global
From http://www.stockmarketguide.in 5977 days ago
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