23-06-2016 13:10 via news.yahoo.com

Vodafone plans to file for India IPO in August, listing seen in fourth quarter - sources

Vodafone Group is likely to file a draft prospectus for the planned IPO of its Indian business in August with the listing expected in the fourth quarter, in a deal seen raising as much as $2.5 billion, people with direct knowledge of the matter told Reuters. The British telecoms group, India's largest mobile operator after Bharti Airtel , has begun work on the prospectus that would incorporate the Indian unit's financials for the first half of the calendar year, they said. Vodafone hired Bank of
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