Bharti Airtel Acquires Vodafone UK’s 4.7% Stake in Indus Towers for Rs 2388 Crore
Bharti Airtel has acquired Vodafone UK’s 4.7% stake in the Indus Towers. Airtel’s subsidiary company, Nettle Infrastructure Investments Limited, has acquired 127,105,179 equity shares (4.7%) of Indus Towers from Vodafone Group Plc for Rs 2,388 crore. The agreement took place at Rs 187.88 per share, and Airtel’s subsidiary company purchased these shares from Euro Pacific Securities, a subsidiary of Vodafone UK. This acquisition has catapulted Airtel’s stock into the green... Read More