Modi exits Spice Communications completely: Reports
BK Modi struck a deal with Idea by selling 40.8% of his stake in Spice Communications, according to TV reports.
By Agencies |
NEW DELHI: BK Modi struck a deal with Idea by selling 40.8% of his stake in Spice Communications, according to TV reports.
According to the reports the deal is valued at Rs 72 per share. Under this deal Telekom Malaysia would get proportional stake in Idea, reports said.
Modi family owns around 40% stake in Spice Communication while Telekom Malaysia has 39.2% stake.
According to the reports the deal is valued at Rs 72 per share. Under this deal Telekom Malaysia would get proportional stake in Idea, reports said.
Modi family owns around 40% stake in Spice Communication while Telekom Malaysia has 39.2% stake.
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