Vodafone To Sell 3% Stake In Indus Towers

UK's Vodafone to sell remaining 3% stake in India's Indus Towers
Vodafone Group will sell its remaining 3% stake in Indian telecom infrastructure developer Indus Towers, the British telecom group said on Wednesday. The British firm said it has launched a placing of its remaining 79.
Vodafone to Sell Remaining Stake in Indian Tower Company Indus
Vodafone Group Plc is to sell its remaining stake in India’s Indus Towers Ltd. after offloading $1.8 billion worth of shares in June.
Vodafone To Sell 3% Stake in Indus Towers to Reduce Debt Exposure: Report
Vodafone Group will sell its remaining 3% stake in Indus Towers to reduce exposure in underperforming markets. The proceeds will repay a $101 million loan secured against Indian assets. The move aligns with CEO Margherita Della Valle’s strategy to reduce debt.
Indus Towers releases pledge on over 3% shares held by Vodafone promoters
Indus Towers Ltd announced the release of a pledge on 3.003% of shares held by Vodafone Plc in the company. This development follows Vodafone Plc's announcement of its effective exit from its shareholding in Indus Towers,
Vodafone Plc to offload Indus Towers stake via Rs 2,700 crore block trade at a slight discount
Kotak and BofA are learnt to be the brokers for the share sale by Vodafone Plc's units Omega Telecom and Usha Martin Telematics. Bharti Airtel, the other promoter entity holds 50% in the company.
Vodafone Group to Sell 3.0% of Indus Towers
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Vodafone to sell 3 percent stake in Indus Towers
British telecom player Vodafone is set to sell its entire 3% stake, or 7.9 crore shares, in Indus Towers, the company said on Wednesday, December 4, 2024. The proceeds from the Pl
UK's Vodafone Plc to sell remaining 3% stake in Indus Towers
Vodafone Plc said that the funds from the sale of its remaining 3 percent equity stake in Indus Towers will be used to repay $101 million in outstanding borrowings, which are secured against its Indian assets.
UK's Vodafone PLC To Sell 3% Stake In Indus Towers To Vodafone Idea Debt | Business News | ET Now
UK's Vodafone PLC To Sell 3% Stake In Indus Towers To Vodafone Idea Debt | Business News | ET Now#vodafoneplc #vodafoneidea #industowers #etnow #businessnews #topnews
Vodafone dumps remaining 3% stake in Indus Towers to repay debt
British telecommunications major Vodafone announced on Wednesday it has initiated the sale of its remaining 79.2 million shares in Indian telecom firm Indus Towers - a 3% stake - through an accelerated book build offering.
Vodafone To Sell 3% Stake In Indus Towers; To Use Proceeds For... - Details
British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of USD 101 million or about Rs 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.
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