Google Explores Vodafone Idea Stake as Part of India Push, FT Reports
May 29 2020 - 12:07AM
Dow Jones News
--Alphabet Inc.'s Google is exploring an investment in Vodafone
Group PLC's struggling India business, the Financial Times reported
late Thursday, citing unnamed sources.
--Google is considering buying stake of about 5.0% in Vodafone
Idea Ltd., a partnership between the U.K. telecom company and
India's Aditya Birla group that has been under severe financial
strain, the FT report said.
--Alphabet has also held talks about acquiring a stake in
Reliance Industries Ltd.'s Jio, the FT reported.
Full story: https://on.ft.com/2M5SWR1
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(END) Dow Jones Newswires
May 28, 2020 23:52 ET (03:52 GMT)
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