Deals
Vodafone Said to Weigh Buyout of Indian Unit’s Shareholders
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Vodafone Group Plc is considering buying out minority shareholders of its Indian unit and may begin talks in the coming weeks, according to a person familiar with the matter.
Vodafone, which has a 64.4 percent stake in Vodafone India Ltd., hasn’t determined how much it wants to spend or sought approval from the foreign investment regulator for a purchase, said the person, asking not to named as the deliberations are private. A 2011 sale of a minority stake to Piramal Healthcare Ltd. valued the business at more than $11 billion.