Softbank in talks to buy 15-20% stake in Vodafone-Idea Cellular entity: Report
Japanese telecom major Softbank is reportedly in talks with Vodafone Plc to buy 15-20 % stake in its India unit, which is likely to be merged with Aditya Birla Group-owned Idea Cellular. Masayoshi Son-owned Softbank is currently in the process of finalising its $100 billion Vision Fund, which is being helmed by Indian-born Rajeev Mishra. The fund is likely to scout for buyout deals, including in the telecom sector in... Read More