Piramal Healthcare has planned to picked up a 5.5% stake in Vodafone-Essar, valued at about USD 640 million. CNBC-TV18's executive editor Shereen Bhan spoke to chairman of the company, Ajay Piramal on the transaction.
Piramal said, "In the next 12 to 24 months, either we will do the IPO or we would have a transaction where if Vodafone is allowed to acquire it [stake]
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