Vodafone India IPO

Vodafone plans to raise $2-2.5bn via IPO to fund India operations: Report

Vodafone Group is looking to raise between $2 billion and $2.5 billion, which it would use to buy additional spectrum and further expand its operations across India's crowded and cut-throat market. The company has invited banks such as Citigroup, Goldman Sachs and Morgan Stanley to make pitches to manage the long-awaited initial public offer (IPO) of shares in its Indian subsidiary by inviting banks, according to a Reuters report. The... Read More