Vodafone Group plc (LON:VOD) In Asian IPO?

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It has been reported that Vodafone Group plc (LON:VOD) may consider an initial public offer in India. Vodafone Group plc (LON:VOD) In Asian IPO? Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full VOD chart at Wikinvest A recent report says that the UK based telecom giant Vodafone Group plc (LON:VOD) may give an initial public offer (IPO) of shares for its majority-owned Indian venture Vodafone Essar Ltd next year, to meet local regulations that restrict foreign investment in the sector to 74 per cent. Vittorio Colao, chief executive, Vodafone group plc (LON:VOD) said, "The Company would definitely consider listing in India. We will need to replace 1.35 per cent stake in the company to be compliant to the foreign direct investment requirements of up to 74 per cent." Vodafone Group plc (LON:VOD) company shares stood at 170.1 at the end of the last trading session (last trade 08:10). Price History Last Price: 170.1 52 Week Range: 126.50- 250.00 Last Vol: 20547218 3 Month Vol: 89243900