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Published 21 days ago

GQG, SBI funds eye investments in Vodafone Idea $2.16 billion share sale, sources say

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By M. Sriram MUMBAI (Reuters) – Investment firm GQG Partners and State Bank of India Mutual Fund are considering investing up to $800 million in total in a $2.16 billion share offering of Indian telecom firm Vodafone Idea, according to two people familiar with the matter. U.S.-based GQG, run by India-born executive Rajiv Jain, plans to invest about $500 million, while SBI Mutual Fund is considering an investment of $200-300 million in the f…

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GQG, SBI funds eye investments in Vodafone Idea $2.16 billion share sale, sources say

By M. Sriram MUMBAI (Reuters) – Investment firm GQG Partners and State Bank of India Mutual Fund are considering investing up to $800 million in total in a $2.16 billion share offering of Indian telecom firm Vodafone Idea, according to two people familiar with the matter. U.S.-based GQG, run by India-born executive Rajiv Jain, plans to invest about $500 million, while SBI Mutual Fund is considering an investment of $200-300 million in the f…

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