Vodafone Confirms It Is in Discussions to Merge Its Indian Operation With Idea; Shares Undervalued
On Jan. 30, 2017, Vodafone confirmed media speculation that it is in discussions with the Aditya Birla Group regarding the possible merger of Vodafone India and Idea Cellular. There is no guarantee that such a merger will come to fruition, so we are maintaining our fair value estimate and narrow moat rating at this time. If the deal takes place, Vodafone will deconsolidate its Indian operation. The deconsolidation of India would reduce its subscriber base by about 40% and reduce its revenue grow...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.