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Vodafone To Sell 3% Stake In Indus Towers
Vodafone Idea shares fall over 2% amid Rs 2,800 crore block deal in Indus Towers
Vodafone Idea's shares dipped 2.2% after exiting Indus Towers via a Rs 2,800 crore block deal. Indus Towers' shares rose nearly 5% after the release of pledged shares. Vodafone Idea plans to raise Rs 2,
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.
VI stocks in focus as Vodafone PLC sells remaining Indus Towers stake
Vodafone Idea plans to raise Rs 2,000 crore via equity issuance, with proceeds aimed at clearing dues to Indus Towers. Parent Vodafone PLC to sell remaining Indus Towers stake.
Vodafone Idea, Indus Towers shares jump up to 5% around market closing time. Here's why
Vodafone PLC will sell its remaining 3% stake in Indus Towers to repay Vodafone Idea's debt. The proceeds may also be used to invest in Vi's new equity issue. This news boosted shares of both Vodafone Idea and Indus Towers.
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.
Indus Towers stock rating: Citi says buy as Vodafone stake sale may yield dividend; check target price
Vodafone’s complete exit from the Indian towers company are likely to find its way back to Indus Towers shareholders as dividend with attractive yields of up to 6 percent.
Indus Tower shares up 5% on stake sale by UK's Vodafone Plc; Vi, Airtel shares rise up to 4%
Vodafone Group Plc on Wednesday announced to sell its entire remaining 3% stake in Indus Towers for repaying its debts.
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 Group to Sell 3.0% of Indus Towers
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
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
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on MSN
Vodafone Idea share price gains 4.5%: To consider raising funds on 9 December
Vodafone Idea share price saw sharp gains of 4.5% in the morning trades on Thursday. The board meeting is scheduled for 9 ...
cnbctv18
43m
Vodafone Idea shares are now 25% below their FPO price ahead of December 9 board meet
Vodafone Idea will hold a board meet on December 9 to consider issuing shares or other convertible securities to a promoter ...
3h
Vodafone Idea to consider up to Rs 2,000 crore fund raise on December 9 through a preferential issue to promoter group
The shares of Voda Idea will be in focus after Vodafone Plc announced plans to offload shares worth Rs 2,700 crore in a block trade on December 5.
indianweb2.com
8h
Vodafone Idea Plans Rs 2,000 Crore Fundraising via Equity Shares or Convertible Securities
Vodafone Idea has announced plans to raise Rs 2,000 crore through the issuance of equity shares or convertible securities on ...
18h
on MSN
Bharti Airtel, Vodafone Idea: What CLSA says on market share post tariff hikes
Jio commanded a 41.6 per cent market share in revenue terms, followed by Bharti Airtel (38.6 per cent) and Vodafone Idea ...
1d
Vodafone Idea (Vi) Introduces AI-Powered Spam SMS Identification System to Protect Users from Scams
With the new AI system, Vi says it will continuously analyse incoming SMS to identify potential threats, including fraudulent ...
2d
After Airtel, Vodafone Idea launches AI-based spam management solution
Vi is developing solutions to reduce spam, including unwanted voice calls, to better protect its users from unsolicited ...
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