Piramal Healthcare buy Vodafone stake from Essar. What does it mean for its shareholders'?
Piramal Healthcare, owned by Ajay Piramal will buy 5.5% stake in Vodafone - Essar for approximately $640 million. Piramal Holding will buy the stake from Essar Teleholdings, which holds about 11.1% stake in the company. Rajesh Ladha, CFO Piramal Healthcare, ...