Vodafone-Idea Cellular merger deal announcement likely this week
Monday, March 13, 2017, 6:26 PM
Vodafone Group and Aditya Birla Group are likely to make an announcement on the mega-merger of the former's Indian arm and Idea cellular as early as this week, according to a Telegraph report. Under the 21 billion euro deal, both the companies would hold the equal stake in the merged entity. The mega-merger would create a new market leader.