- 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.
From other sites
Video at CNBC.com (May 19, 2015)
at CNBC.com (May 18, 2015)
Video at CNBC.com (Apr 10, 2015)
at CNBC.com (Mar 16, 2015)
Video at CNBC.com (Mar 16, 2015)
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