Vodafone exploring IPO for its India unit: Reports

Vodafone is reportedly planning to launch IPO of its Indian arm to raise about $4 bn next fiscal, stated media report.

May 26, 2015 10:05 IST India Infoline News Service

Vodafone Group Plc has not made any decision in regards to the timeframe of an initial public offering (IPO) for its Indian unit, according to report.
Vodafone is reportedly planning to launch IPO of its Indian arm to raise about $4 bn next fiscal, stated media report.

Report says that IPO would provide Vodafone with cash.

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