Profit

Idea to pick up 40.8% stake in Spice

PUBLISHED ON: June 6, 2008 | Duration: 1 min, 55 sec

   
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Idea and Spice may be merging soon - a deal between Idea, Telekom Malyasia and the Modis is expected to be signed under which Idea will buy into Spice after which a merged entity will be created. Kumar Mangalam Birla, Kumar Mangalam Birla, Chairman, Aditya Birla Group, will finally be able to add Spice to his Idea as talks between his company Idea and Spice reaching its climax.
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