Vodafone Seen Moving Ahead With India IPO; M&A Eyed
Vodafone Group (VOD) may plow ahead with an initial public offering of its wireless business in India, a move that would be closely watched amid views that an IPO could be a precursor to a bigger spin-off of emerging market assets. A Vodafone restructuring, meanwhile, could open the door to renewed merger discussions with either Liberty Global (LBTYA) or AT&T (T). Liberty Global, with 24 million video subscribers, sells cable TV services in the