Suits & Sayings: Concrete Proof

Those who read too much into the genteel demeanour of this billionaire were taken by surprise when his deft manoeuvres cemented his southern aspirations. Industry watchers aren’t buying the official stance of a friendly corporate punt, more so after the promoter of the target entity informed the world that he wasn’t taken into confidence prior to the swift moves that led to stakes changing hands. Under the circumstances, this could well turn out to be a takeover thriller worthy of the heavyweight actors in play.

(For more on our weekly roundup of wackiest whispers and murmurs in corporate corridors & policy parlours, pick up today's edition of The Economic Times newspaper)