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Every two years, the world of foreign trade gos to Global, Link Stuttgart. The variety of details covers whatever from planning the initial steps into global markets to enhancing existing cross-border economic activities. Worldwide players along with smaller enterprises who are new to the international service find responses to their concerns on international operations.

Aegis, the company process contracting out arm of the Essar Group, is in advanced speak to get India-listed Avaya Global, Link (AGC) Networks. Aegis, according to sources familiar with the advancement, is expected to pay Rs 230-235 per share to get the 59. 13 percent promoter's stake in the company.

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63 per cent) and Avaya International LLC (25. 50 percent). At this rate, the value of the offer for an overall of 8. 4 million shares would amount to around Rs 200 crore. The market appears to have smelled of the offer as the AGC stock price increased greatly to touch a 52-week high of Rs 310.

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The stock rate has actually corrected because and it closed at Rs 272. 95 on May 14, down 3. 26 percent on the Bombay Stock Market (BSE). This suggests Aegis will get the promoter's stake at a discount of around 13 percent. If successful Aegis will need to go for an open offer.

But following that, it will have to create an open offer," said a banker on condition of privacy. An Aegis spokesperson stated: "As a group, we continue to explore growth chances in the locations we exist in. However, we can not discuss any specifics." Reacting to an email sent out to Avaya Inc, a spokesperson specified: "It is our policy not to discuss market rumour or speculation." Aegis, one may remember, was preparing an initial public offering (IPO) this year.