Vodafone in planning to buy out minority shareholders in its Indian arm for about US$2 billion, according to a recent report from the Financial Times. Vodafone owns about 64% of Vodafone India. Piramal Healthcare run by Billionaire industrialist Ajay Piramal has 11% stake and the remaining 25% stake is controlled by undisclosed minority shareholders. Continue reading “Vodafone plans to increase its stake in the Indian unit”
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