Would the objections of developing countries to debtequity swaps be largely overcome if foreign ownership were restricted
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Would the objections of developing countries to debt–equity swaps be largely overcome if foreign ownership were restricted to less than 50 per cent in any company? If such restrictions were imposed, would this be likely to affect the ‘price’ at which debt is swapped for equity?
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To some extent yes Developing countries would be able ...View the full answer
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