Vodafone submit its offer for Hutchison Essar in India

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Sushubh

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Vodafone submit its offer for Hutchison Essar in India
After Essar, we now have reports that Vodafone has gone ahead and submitted its offer for a stake in the Indian telecom company Hutchison Essar.
The company’s offer has put the value of the company at around 17-18 billion dollars.
The Financial Times newspaper has reported that they submitted [...]

http://broadbandforum.co/590/vod...bmit-its-offer/
 
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Crazysah

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I just hope Vodafone win it instead of Reliance.
 
Sushubh

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vodafone also has a stake in airtel. ;)
 
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leomax

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what about that 75(or was that 49) pc FDI cap,voda has found any local partners ?
 
Sushubh

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they would after the deal is confirmed. voda has just 10% stake in bharti i think...
 
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Yeah. You are right. 10% in Bharti.