There is always the risk that CX sell out their investment in its entirety to a third party or multiple parties, in which case TSN could still remain a minority investor and the situation above remains.
I guess my point of this whole thread is:
1) An IPO in India by 30 August is unlikely based on the lack of information to date about such.
2) No information about TSN increasing its stake has been made available, and as it's coming close to the 30 August deadline for any information about such being made available to existing TSN shareholders
3) Therefore, it might be fair to say that the 30 August deadline is mostly irrelevant, because
4) CX Partners have their own intentions on what they will do with their stake, and have no requirement to publish as such
5) The above points highlight how little control TSN has, as a minority investor.
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