LONDON Britain's Vodafone (VOD.L) said on Friday it had taken full ownership of Vodafone India by buying the 11 percent it did not already own from Piramal Enterprises Limited (PIRA.NS).
In March 2014, Vodafone increased its stake in the unit to 89 percent by buying out Analjit Singh and Neelu Analjit Singh. It said the combined cost for both the deals in March and on Friday was 101.418 billion rupees, or 1 billion pounds.
(Reporting by Paul Sandle; editing by Kate Holton)
Trending On Reuters
Next year, Dr. Ketan Desai is slated to head the World Medical Association (WMA), guardian of the Hippocratic Oath. The WMA is standing by him, even as he battles conspiracy allegations in two Indian courts. Desai has been facing allegations that he conspired in 2009 to have the Medical Council recommend that a private medical college be allowed to add more students. Full article