UK’s Vodafone sells 3% Indus stake in multiple block deals for Rs 2,801.7 crore; Morgan Stanley, BoFA, Blackstone among buyers

KOLKATA & MUMBAI: UK’s Vodafone Group Plc has sold its remaining 3% stake in Indus Towers via multiple block deals to a host of marquee global investment banks, international alternative asset managers, big-ticket overseas fund houses, hedge funds, local mutual funds and pension funds, raising around Rs 2,801.7 crore, and fully exited the Indian tower company that is now a Bharti Airtel subsidiary.