The Aditya Birla group has managed to eke out equal management rights in the merger between Idea Cellular Ltd and Vodafone India Ltd, despite having a much lower shareholding. The fallout: Vodafone Group Plc will gradually bring down its stake in the merged entity from 50% to start with to possibly as low as 26%.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
