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Corporate Economy Expressions Markets Leisure Tuesday, March 31, 1998   BT mulls open offer for Bharti Telecom Global telecom giant British Telecommunications Plc is understood to be considering an open offer to the shareholders of Bharti Telecom to pick up a substantial stake in the company. The offer is expected to be made in the range of Rs 95-100.   BMW to buy Rolls-Royce, Bentley for $571 million BMW of Germany is to buy the luxury car makers Rolls-Royce and Bentley for -- 340 million ($571 million). The agreement specifies that Rolls-Royce and Bentley cars will continue to be made in Britain. Polysindo, JCT lock horns, spar on synthetic-fibre unit valuation Indonesian firm Polysindo has accused JCT of going back on its earlier commitment on the price for its synthetic fibre division. Polysindo was keen on completing the transaction, but JCT has suddenly raised objections on the valuation of the business and has sought an additional Rs 100 crore for the divestment. Three Ambuja group firms to amalgamate The Gujarat-based Ambuja group is planning to amalgamate three companies within its fold. Gujarat Ambuja Cotspin, Gujarat Ambuja Export amd Gujarat Ambuja Proteins are to be amalgamated into one entity to bring down their huge equity capital.   ANZIB in $825m cross-border risk-underwriting deal A clutch of international banks led by ANZ Investment Bank (ANZIB) has quietly put through a $825-million cross-border risk-syndication and underwriting transaction of a letter of credit (LC) confirmation facility for Essar Oil's nine-million tonne per annum (tpa) Vadinar oil refinery's equipment supplier, ABB Lummus Global BV. Pfizer to seek shareholder approval for sale of Ankleshwar unit Pfizer will seek shareholder approval for the proposed sale of its Ankleshwar facility in Gujarat at its forthcoming annual general meeting (AGM). The meeting will also seek shareholder approval for the appointment of B Valentini and Pierre G Etienne as directors of the Indian arm.     Natural Textiles enters Pune market   Marketplace Briefing   Next Telstra Corp sale to again favour small investors, says FM   Telewest agrees to General Cable terms   World Briefing   Intel Corp chief quiet on South Korea investment   Cadila to put up sterilisation facility at Kadi plant   Indian Seamless EGM okays financial recast   L&T set to bag industrial zone contract in Gujarat   Raghuraman calls it a day at Assocham   Corporate Briefing   GSFC may set up consortium to acquire stake in Togo mines   Bayer India net jumps 7% to Rs 10 crore   Cidco plans to invite bids for projects worth Rs 1,860 crore   Opec to form pact on cut in oil output   Financial Briefing   Mehtas refuse to hand over shareholders list   Rupee to slip 9% over next six months, says Stanchart poll