Vodafone raises stake sale in Indus Towers to up to $2 billion: Report

Indus Towers’ 20 percent equity stake was sold in block deals today (June 19). The likely seller is reportedly UK’s Vodafone Group in deals involving 53.30 crore shares of the mobile tower company. The deal was worth a total of ₹17,065 crore, it was reported after earlier reports claimed that Vodafone Group was eyeing to offload up to 18 per cent stake in Indus Towers.