{"id":823933,"date":"2024-06-19T10:55:40","date_gmt":"2024-06-19T05:25:40","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=823933"},"modified":"2024-06-19T11:25:30","modified_gmt":"2024-06-19T05:55:30","slug":"vodafone-to-sell-indus-towers-stake-worth-1-billion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/19\/vodafone-to-sell-indus-towers-stake-worth-1-billion\/","title":{"rendered":"Vodafone to sell Indus Towers stake worth $1 billion"},"content":{"rendered":"<p>The wholly-owned subsidiaries of Vodafone Group Plc will sell stake worth $996 million-$1,096 million (Rs 8,308-9,138 crore) in Indus Towers through block deals on Wednesday.<\/p>\n<p>The block deal for Indus Towers is likely to be launched at a 9.9 per cent discount to the stock\u2019s current market price, according to the term sheet of the stake sale. Vodafone will sell 26.8 crore shares at a price range of Rs 310-341 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The wholly-owned subsidiaries of Vodafone Group Plc will sell stake worth $996 million-$1,096 million (Rs 8,308-9,138 crore) in Indus Towers through block deals on Wednesday. The block deal for Indus Towers is likely to be launched at a 9.9 per cent discount to the stock\u2019s current market price, according to the term sheet of the stake sale. Vodafone will sell 26.8 crore shares at a price range of Rs 310-341 per share.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-823933","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/823933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=823933"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/823933\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=823933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=823933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=823933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}