Vodafone To File For IPO. Essar Not Part Of It. New Changes?

With Essar abandoning the Vodafone- Essar Partnership, Vodafone India Limited [VIL] is one step closer to a partial stock market listing of its Indian operations. As Essar sold its stake in Vodafone India, Piramal Healthcare has bought it for a UK £ 385 Million cash! With just 5.5 per cent stake changing hands, the valuation of VIL now stands at UK 7 Billion. Though the Indian IPO can only be filed...
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