Vodafone Group to Exit Indus Towers by Offloading Remaining 3 Percent Stake
UK's Vodafone Group Plc (Vodafone) announced on Wednesday, December 4, that it plans to sell its remaining 3 percent stake in Indus Towers. In a statement, the company said it has launched a placing of its remaining 79.2 million shares in Indus Towers Limited (Indus), representing 3 percent of Indus's total share capital, through an accelerated book-building offering. This divestment of shares marks Vodafone's complete exit from the telecom infrastructure... Read More