Hutchison-Esssar

Vodafone acquires Hutch-Essar in $11.7bn deal

The boardroom drama around Vodafone’s bid for Indian GSM operator Hutchison-Essar seems to be approaching a conclusion, as Vodafone announced it had agreed terms with Hutchison Telecoms International to buy out its 67 per cent controlling stake for $11.7bn. The big question, however, will be whether or not Essar, which holds 33 per cent of […]

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