Q.
Why hutch companyies name is changed,,,? it is vodofane,,now
Tags:
vodofane,
hutch companyies name
Asked by sneha,
23 Sep '07 11:58 pm
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Answers (11)
1.
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2.
Vodafone is a UK based company. Hutch is the JV between Hutchison and Essar. Now the share of Hutch is bought by Vodafone for around $19B. So now Vodafone became the majority stakeholder in the company. Hutchison sold all there stake in the company to Vodafone and they are exiting the business in India. So now As a majority stake holder, Vodafone is changing the name from Hutch to Vodafone.
Answered by Tejas Saajny, 24 Sep '07 06:19 pm
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3.
Hutch has been acquired by Vodafone Essar.So the name has changed.
Answered by VINEET SHARMA, 24 Sep '07 12:01 am
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4.
Amalgamation in the nature of purchase i.e., absorption
In simple, Hutch has been purchased by Vodafone.
Answered by Anil K Chugh, 24 Sep '07 10:23 pm
In simple, Hutch has been purchased by Vodafone.
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5.
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6.
It is and they did spend nearly 56000 crores in buying it out
Answered by Omega, 24 Sep '07 09:31 am
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7.
Jus now name has been changed,but deal was clinched long back
Answered by anandh, 24 Sep '07 12:10 am
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8.
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9.
hutch india was a joint venture between essar group and hong kong based hutchison telecom. 4-5 months ago, hutchison sold their stake in the firm to vodafone of uk. hence the, name change.
Answered by Manu John, 24 Sep '07 12:28 pm
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10.
hutch is sold to vodafione now
http://www.citybuzzer.com/
Answered by citybuzzer.com, 24 Sep '07 12:52 am
http://www.citybuzzer.com/
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