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India's Triton OKs convertibles offering
By Devika Patel
Knoxville, Tenn., Jan. 30 - Triton Corp Ltd. informed the Bombay Stock Exchange that it approved plans to issue foreign currency convertible bonds at a board of directors meeting on Wednesday.
The company also is considering issuing Global Depositary Receipts.
Proceeds will be used to fund overseas acquisitions.
New Delhi, India-based Triton provides information technology and information-technology-enabled services.
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