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Tuesday 14 June 2011

First Leasing dismisses 'speculative' rumours of stake sale

First Leasing has been buzzing around in the market on rumours of a stake sale. Buzz has it that the company is all set to sell 21% in First Leasing to companies like Temasek and Tata Chemicals. However, company chairman AC Muthiah says that news of such stake sale holds no ground and are merely ‘speculative rumours’.

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