Has RCom disclosed enough on Aircel merger?

span.p-content div[id^=div-gpt] { line-height: 0px; font-size: 0px;} The proposed merger of telecom giants Reliance Communication (RCom) and Aircel has triggered a debate over the kind of disclosures necessary on the valuation of companies.

RCom, the listed firm belonging to the Anil Ambani group, proposes to demerge its telecom business and transfer the same to Aircel. After this, the company will own a 50 per cent stake in Aircel. As required under law, the company has obtained a valuation report from an independent valuer and disclosed it. The court-convened meeting to approve the proposal is coming up next week.document.write(""); googletag.cmd.push(function() { googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop', 'div-gpt-ad-1490771277198-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().enableSyncRendering(); googletag.enableServices(); });

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