Piramal Healthcare to buy 5.5% of Vodafone India unit

Published on Sat, Feb 04, 2012 at 12:26 |  Source : Reuters

Updated at Sat, Feb 04, 2012 at 12:56  

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Piramal Healthcare to buy 5.5% of Vodafone India unit

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Piramal Healthcare Ltd said on Saturday it will buy a 5.5% stake in Vodafone's India unit for Rs 3,000 crore, taking its total stake in the mobile company to about 11%.

Last year, Piramal bought a 5.5% stake in Essar, Vodafone's joint venture partner in the country.

  

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