Vodafone, the British telecoms firm, has said that it had not objected to Essar conducting an Initial Public Offer (IPO) of the Essar's stake in Vodafone Essar, India’s third-largest telecoms company based on subscribers
In 2007, Vodafone had bought a controlling stake in mobile business in India of Hutchison Whampoa Ltd., in which Essar had been a partner. Mr. Prashant Ruia, the Chief Executive of Essar Group had said that plans for an Initial Public Offering by Vodafone Essar is in a preliminary stage
Stay tuned to the latest updates on Vodafone Essar IPO!
In 2007, Vodafone had bought a controlling stake in mobile business in India of Hutchison Whampoa Ltd., in which Essar had been a partner. Mr. Prashant Ruia, the Chief Executive of Essar Group had said that plans for an Initial Public Offering by Vodafone Essar is in a preliminary stage
Stay tuned to the latest updates on Vodafone Essar IPO!
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