- Citing a lack of interior ministry security approvals, India's foreign investment regulator says it's deferring a ruling on Vodafone's (VOD +1.2%) request to assume full ownership of its local subsidiary.
- Vodafone directly or indirectly owns 84.5% of its Indian unit, which is the country's #2 mobile carrier. It's offering $1.6B to buy out minority holders, and has promised to invest $2B in the business.
Indian government holding off on Vodafone decision
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About VOD Stock
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Symbol | Last Price | % Chg |
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VOD | - | - |
Vodafone Group Public Limited Company |