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Divestment and investment

This query is : Resolved 
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(Querist)
11 June 2013 Can a company(say cement company) divest completely and with those funds start a new business(say hotel business).
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
18 June 2013 The company`s objects in the MOA need to permit to do that business

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