Bidding Soon For Bombay High
Li Ka-Shing, the Hong Kong based tycoon, has stepped into the world's biggest takeover battle, by announcing that he does not want German telecom and engineering giant Mannesmann to be bought over by Britain's Vodafone AirTouch.
LI Ka-Shing's Hutchison Whampoa holds a 10 per cent stake in Mannesmann. An American workers organisation which also controls a large chunk of Mannesmann shares, has also opposed the