The shares of local retailers soared initially, on speculation they would be takeover targets for foreign firms, with some of which they already have small joint ventures in India.

那些在印度成为外国公司投机生意中担当收购任务的，并已经组成小型联营公司的当地零售商的股份起初暴涨。

youdao

Speculation about such a merger intensified after Merck and Schering unveiled plans for a joint venture in May 2000.

FORBES: Pills and Poker

While Pandit told a number of outlets that the decision to step down was his, the abrupt nature of his resignation led to speculation that dissatisfaction with his compensation, or board gripes with his handling of the Morgan Stanley Smith Barney joint venture, was at the heart of the matter.

FORBES: Citi's Pandit Departs, Goldman Sachs Delivers And Apple Teases Another Big Launch