LONDON (Reuters) - Vodafone(VOD.L) said it will look at listing its Indian unit once it resolves a more than $2 billion tax dispute with the country's government.
Vittorio Colao, chief executive of the British mobile operator, said on Tuesday that he would definitely consider an IPO of the business in India once the tax case was settled.
Vodafone, the biggest corporate investor in India, has been fighting a tax demand from Indian authorities over its 2007 acquisition of mobile assets in the country.
(Reporting by Kate Holton, Writing by Paul Sandle, Editing by Sarah Young)
Trending On Reuters
State Bank of India , the country's largest lender, may offer employee share options, recruit specialists and promote faster - radical changes that promise to shake up a bloated, debt-heavy sector. Full Article
Weak demand weighs on China factory, services firms in March, more easing seen Full Article