Modis Sell 40.8% In Spice Communications To Idea Cellular; Idea ...

Modis Sell 40.8% In Spice Communications To Idea Cellular; Idea ...

Published by kidmercuryblog
06-25-2008

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Modis Sell 40.8% In Spice Communications To Idea Cellular; Idea ...

Idea Cellular is acquiring BK Modi’s 40.8 per cent stake in Spice Communications for Rs 2176 crore($518 million). The deal has been struck at a price of Rs 77.3 per share a premium of 42 per cent over yesterdays closing price. ...

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