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Vodafone Idea Stake to Be Acquired by Government When Share Price Reaches Rs. 10 or Higher: Report

The government is set to acquire a stake in Vodafone Idea but only after the company
s stock has settled at Rs. 10 or a higher value, according to a report citing an official source. The proposal to acquire a stake in Vodafone Idea was reportedly cleared by the finance ministry in July, and is expected to give the government a 33 percent stake in VIL.

Author: . [Source Link (*), Gadgets 360]

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