{"id":884364,"date":"2024-12-05T08:22:30","date_gmt":"2024-12-05T02:52:30","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=884364"},"modified":"2024-12-05T09:19:06","modified_gmt":"2024-12-05T03:49:06","slug":"vodafone-to-sell-3-pc-stake-in-indus-towers-for-%e2%82%b92841-cr-to-clear-debt-part-payment-of-vi-dues","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/05\/vodafone-to-sell-3-pc-stake-in-indus-towers-for-%e2%82%b92841-cr-to-clear-debt-part-payment-of-vi-dues\/","title":{"rendered":"Vodafone to sell 3 pc stake in Indus Towers for \u20b92,841 cr to clear debt, part payment of Vi dues"},"content":{"rendered":"<p>New Delhi, Dec 4 (PTI) British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of USD 101 or about \u20b9856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea.<\/p>\n<p>The transaction is valued at around \u20b92,841 crore as per the Wednesday&#8217;s closing price of Indus Towers stock at \u20b9358.75 apiece on the BSE.<\/p>\n<p>&#8220;Vodafone Group Plc announces that it has launched a placing of its remaining 79.2 million shares in Indus Towers Limited representing 3 per cent of Indus&#8217; outstanding share capital through an accelerated book build offering,&#8221; Vodafone said in a regulatory filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi, Dec 4 (PTI) British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of USD 101 or about \u20b9856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea. The transaction is valued at around \u20b92,841 crore as per the Wednesday&#8217;s closing price of Indus Towers stock at \u20b9358.75 apiece on the BSE. &#8220;Vodafone Group Plc announces that it has launched a placing of its remaining 79.2 million shares in Indus Towers Limited representing 3 per cent of Indus&#8217; outstanding share capital through an accelerated [&hellip;]<\/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":[13,4,56],"tags":[],"class_list":["post-884364","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-telecom-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/884364","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=884364"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/884364\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=884364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=884364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=884364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}