I wonder if one of the reasons Venky's are reluctant to sell, is because they are being watched so closely by the Indian Govt. Maybe the are only allowed to do certain types of business overseas right now?
or
If the club is 200mil in debt etc, what value does it even have on the open market? What investment team is looking at BRFC and saying, "this is a nice investment opportunity."
And lastly, Venky's should be getting out from under anything that's losing them money, so perhaps it's just a pride thing. Pride run amok never ends well. Just look at US politics.