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Article: Bajaj brothers may sign settlement deal by month end.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- December 23, 2008
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Bajaj brothers may sign settlement deal by month end
Mumbai, Dec 23 (PTI) Hoping to restore peace after years of wrangling inside and outside courts over division of the Bajaj family empire, brothers Rahul and Shishir are expected to sign a settlement in the next 10 days but are wary of talking about it lest something went wrong.
Signaling that the fighting factions of family patriarch, Rahul Bajaj, and younger brother Shishir Bajaj have closed in on a settlement, the two sides informed stock exchanges about an agreement which will entitle the latter control of sugar major Bajaj Hindusthan Ltd.
People familiar with the development said a final ...