Monday, January 30, 2017

Voda to go for reverse merger with Idea

Vodafone is in talks with  Aditya Birla group's Idea Cellular for merger.  On this news Idea stock is up 28% and Bharti Airtel more than 10% as of now.

If the merger materializes  Voda will become the biggest player in telecom sector in India. 

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