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 Plc plans to pare 3% stake in Indus Towers
Vodafone will clear its $101 million debt (about ₹856 Crore) and utilize the remaining cash to cover its Indian venture.
Vodafone Group sells its remaining stake in Indus Towers for ₹2,802 crore
British telecom major Vodafone Group Plc offloaded its residual 3% stake in Indus Towers through the block deal. This transaction marks a complete exit by Vodafone Group Plc in Indus Towers, which is now a Bharti Airtel subsidiary.
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 exits Indus Towers with sale of remaining 3% stake
Vodafone Group stated that the proceeds from the placing will first be used to repay Vodafone's outstanding borrowings of approximately USD 101 million
Vodafone to sell 3% stake in Indus Towers to clear debt
British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of $101 million or about Rs 856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.
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 Group to Sell 3.0% of Indus Towers
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Vi, Indus Towers shares in focus after co releases 3% pledge of Vodafone stake
Earlier, the UK-based telecom operator Vodafone PLC announced to sell its remaining 3% stake in Indus Towers to repay debt in Vodafone Idea (Vi).
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.
Indus Towers block deal: UK's Vodafone Plc exits after Rs 2,802 crore stake sale
Vodafone PLC had announced plans to completely exit Indus Towers by offloading its remaining 3 percent stake in the company.
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How much dividend can Indus Towers pay shareholders post clearing of its dues?
Vodafone Idea's balance outstanding to Indus Towers stood at ₹3,500 crore. Indus Towers had recently paid ₹14 per share as dividend.
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Vodafone Group Plc has announced its plan to sell the remaining 3 percent stake in Indus Towers, or 7.92 crore shares, ...