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.
Vodafone to sell 3 pc stake in Indus Towers for ₹2,841 cr to clear debt, part payment of Vi dues
New Delhi, Dec 4 (PTI) British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of USD 101 or about ₹ 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.
Vodafone to sell 3% stake in Indus Towers for Rs 2,841 crore to clear debt
"Vodafone Group Plc announces that it has launched a placing of its remaining 79.2 million shares in Indus Towers Limited representing 3 per cent of Indus' outstanding share capital through an accelerated book build offering,
Vodafone Group 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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UK's Vodafone PLC To Sell 3% Stake In Indus Towers To Vodafone Idea Debt | Business News | ET Now
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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.
VI to repay $101 million loan? Vodafone’s stake sale latest update in Indus Towers
Vodafone Group will sell its remaining 3% stake in telecom infrastructure developer Indus Towers, the British telecom group said on Wednesday.
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