At the cost of sounding faceticious, you could say it is “Hinduja Group Discount”. Another group company, Hinduja Global Solutions, got a ton of cash by selling its healthcare business. They did pay a good dividend, and did a buyback, but then proceeded to lend a large sum of money to another group company at absurdly low rates.
“Taking some part in cash” could happen for some companies, but here they have no need to - they’re selling it to a non-publicly held group company.
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