The Congress has 30 days to object or seek modification to $3.99 billion deal. Actual contract can take a few months because final talks with General Atomics are yet to be concluded.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
COMMENTS