Vodafone Group Plc to sell 9.94% stake in Indus Towers for up to $1.1 billion

Britain’s Vodafone Group Plc will sell a 9.94% stake in Indus Towers through a bulk deal at a price range of ₹310- ₹341 per share, valuing the transaction between $996 million and $1.1 billion, according to a term sheet seen by Mint.