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Vodafone Group Plc will buy an additional 33 percent stake in its Indian joint venture for $5 billion after partner Essar Group exercised an option to sell the holding in India’s third-largest ...
Essar Group does not have a right of first refusal over Vodafone Group Plc's $11.1 billion deal to buy a controlling stake in Hutchison Essar, the chief executive of Vodafone said on Wednesday.
Vodafone Group has objected to plans by Essar Group, its Indian joint venture partner, to merge its telecommunications holding company with another listed company, as it could push up the price ...
Vodafone says Indian law bars it from owning all of the 67% of Hutchison Essar it plans to buy in a controversial $11.1 billion deal, the Financial Times reported on Thursday.
Vodafone Group and India's Essar Group have reached an agreement on running Hutchison Essar, the Indian mobile phone operator in which Vodafone plans to acquire a controlling interest.
The cost to Vodafone Group of buying a controlling stake in India's Hutchison Essar may turn out to be more than the $11.1 billion the firm agreed to pay, the Financial Times reported on Thursday.
Vodafone Group and India’s Essar Group have reached an agreement on running Hutchison Essar, the Indian mobile phone operator in which Vodafone plans to acquire a controlling interest. Under the ...
Two Mauritius-based companies of India's Essar Group will shortly seek a refund of the $883 million which UK's Vodafone Group withheld as tax to pay Indian authorities while buying 22% stake in ...
March 15, 2007. British giant Vodafone and Indian conglomerate Essar group reached an agreement on Thursday for jointly running India's fourth largest mobile firm -- Hutch-Essar, which would be ...
Vodafone and Essar ink shareholder agreement for joint venture; Hutchison to pay Essar to not scuttle deal. Newsletters Games Share a News Tip. Featured. Featured. Breaking News. White House Watch.
Vodafone is to pay US$5 billion to buy the 33 percent stake held in its Indian mobile arm by local partner, Essar, reports the Financial Times.
India's Essar Group does not have a right of first refusal over Vodafone's $11.1 billion (5.7 billion pound) deal to buy a controlling stake in Hutchison Essar, the chief executive of Vodafone ...