Posts Tagged ‘telecommunications’

Essar Group to raise capital via IPO of joint venture stake with Vodafone, Reports

Comments Off | 07-20-2010

Reports emerged Monday that Indian steel and shipping giant company owned by the Ambani brothers, Essar Group is keen on an Initial Public Offer (IPO) to fund its investments. The reports suggested that Essar Group had talks with various banks with regard to its plans as it ponders its funding options, inclusive of an IPO

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