Yeah agreed to your points with regard to debt. But I am not basing my decision only on PE investors. Not even a single PE investor going out says something which we as a retail investor may not know. If I were in their place and if there is no growth, I would use this opportunity to exit.
I feel, it might take atleast 5 years for the competition to catch up though not completely grab the market share, before which I suppose it might turn profitable.
Again in all depends on the valuations for the offer price!!!
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