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Tuesday, June 3, 2008

R Comm, MTN may begin due diligence in 2 days
Reliance Communications and MTN are likely to begin due diligence over the next two days. The two companies may be looking at a share swap that would give MTN a majority stake in Reliance Communications and make the latter's Chairman, Anil Ambani, the largest shareholder in the South African company.

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