Banks fight for US$40mil fee pot in advising on Vodafone India merger


HONG KONG: BoA Merrill Lynch, UBS and Standard Chartered are among banks scrambling to win advisory roles in a potential merger involving Vodafone in India, sources said, as they chase a rare big deals-related payday in the country.

Britain's Vodafone Group said last month it was in talks to merge its Indian subsidiary with Idea Cellular in an all-share deal.

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Business , Vodafone , India , Idea , Celullar

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