Saturday, 21 July 2018

Idea Cellular to raise $1.1 billion in equity ahead of Vodafone India merger

By Chris Kelly, Total Telecom
Thursday 04 January 18

Idea Cellular's proposed merger with Vodafone India is expected to be completed in Q2 of 2018

India's Idea Cellular plans to raise an additional $1.1 billion in equity in the run up to its proposed merger with Vodafone India. A total of $425 million will be made through a preferential allotment to the Aditya Birla Group…

India's Idea Cellular plans to raise an additional $1.1 billion in equity in the run up to its proposed merger with Vodafone India. A total of $425 million will be made through a preferential allotment to the Aditya Birla Group…

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