Merged But Struggling: The Untold Story Of Vodafone-Idea's Financial Woes

The Deal Structure:
Vodafone transferred its entire stake in Vodafone India to the merged entity, Vodafone Idea Limited, in exchange for a 45.2% ownership.

Aditya Birla Group, the majority owner of Idea Cellular, held a 26% stake in the merged company.

The remaining shares were held by the public.