Vodafone Acquires 100 Percent Stake in Vodafone India
Vodafone today officially announces that it has acquires 100 percent stake in its Indian unit Vodafone India (VIL). In March 2014, Vodafone completed the acquisition of indirect equity interests in VIL held by Analjit Singh and Neelu Analjit Singh, taking its stake to 89.03% of VIL. Today Vodafone acquired the remaining 10.97% of VIL from Piramal Enterprises Limited. The combined cash consideration for both transactions was INR 10,142 crores... Read More
