According to reports, the Competition Commission of India on Monday approved the merger of Vodafone India and Idea Cellular to create the country's largest telecom operator. The transaction is expected to close in 2018 subject to customary approvals, Idea Cellular reportedly said. Shardul Amarchand Mangaldas and Co, which advised Vodafone in the deal, reportedly said, “The $23 billion transaction is the largest transaction by value in the history of Indian M&A.”
By Vikraman Maniraj | Jul 25, 2017 12:52 PM #VodafoneIdeaMerger
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