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Deals Rumor Mill: Vodafone, CMA CGM, Concordia Healthcare

By Benjamin Horney (April 21, 2016, 5:58 PM EDT) -- Vodafone Group PLC is gearing up for an initial public offering of shares in its Indian unit, Reuters reported on Thursday, and the U.K. telecommunications giant has tapped Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley to assist. According to the report, the offering of shares in Vodafone India could raise between $2 billion and $2.5 billion, which would be the largest IPO in India since Coal India Ltd. raised $3.5 billion six years ago. Vodafone has been mulling a flotation of its Indian unit since as far back as 2011, the report noted....

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