Vodafone Said Preparing to Appoint India IPO Banks in Early 2016

  • Company waiting to assess impact of Reliance Jio service
  • Share sale may value Indian business at about $20 billion

Vodafone Group Plc plans to ask banks to pitch for a role advising on the initial public offering of its Indian business as early as the first quarter of 2016, according to people with knowledge of the matter.

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