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Vodafone to sell entire Indus Towers stake worth $2.3 billion via block deals next week: Report

Vodafone Group's entire stake worth $2.3 billion in mobile-tower operator Indus Towers could be offloaded through block deals next week, Reuters reported on June 14 quoting sources familiar with the development.

Vodafone's 21.5% stake in Indus is held via various group entities and is valued at $2.3 billion. The report also said that the final deal could be less than the entire stake that Vodafone holds in Indus Towers, in case the demand is weak StockMarket #FinancialNews #indus #industower Vodafone to sell entire Indus Towers stake worth $2.3 billion via block deals next week: Report

Vodafone Group’s entire stake worth $2.3 billion in mobile-tower operator Indus Towers could be offloaded through block deals next week, Reuters reported on June 14 quoting sources familiar with the development.

Vodafone’s 21.5% stake in Indus is held via various group entities and is valued at $2.3 billion. The report also said that the final deal could be less than the entire stake that Vodafone holds in Indus Towers, in case the demand is weak StockMarket #FinancialNews #indus #industower

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