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Kumar Mangalam Birla to reorganise group firms to raise funds before Vodafone Idea rights issue, says report

Updated : April 01, 2019 09:39 AM IST

SKI Carbon Black Mauritius Ltd (Birla Carbon) is ready to buy a controlling interest in Swiss Singapore Overseas Enterprises Pte Ltd for $450 million.
Axis Bank, Standard Chartered Bank, Bank of America Merrill Lynch and Citi are believed to be funding the acquisition, the report said.
Kumar Mangalam Birla to reorganise group firms to raise funds before Vodafone Idea rights issue, says report

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