The beleaguered Indian wireless carrier is also in advanced talks with other investment bankers for the follow-on public offer that should be rolled out in coming months, the people said, asking not to be identified because the information is private. Vodafone Idea got shareholder approval this week to raise as much as 200 billion rupees ($2.4 billion) via shares or equity-linked instruments.
By Baiju Kalesh, P R Sanjai and Hemal Savai
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