Vodafone Group Plc to sell 9.94% stake in Indus Towers for up to $1.1 billion

Britain’s Vodafone Group Plc will sell a 9.94% stake in Indus Towers through a bulk deal at a price range of ₹310- ₹341 per share, valuing the transaction between $996 million and $1.1 billion, according to a term sheet seen by Mint. Morgan Stanley, BofA Securities, Jefferies, and BNP Paribas will manage the sale which … Read more

Vodafone Group looks to sell entire 23 billion stake in Indus Towers | Company News

1 min read Last Updated : Jun 14 2024 | 3:21 PM IST Vodafone Group is looking to sell its entire $2.3 billion stake in India’s Indus Towers through stock market block deals next week, two sources with direct knowledge said, part of the British firm’s effort to repay debt. Vodafone currently owns … Read more

Warburg Pincus front-runner for controlling stake in Ebco

Mumbai: Global private equity firm Warburg Pincus is the front-runner to acquire a controlling stake in furniture hardware maker Ebco, two people aware of the matter said. Promoters are planning to sell up to 74% stake in the Mumbai-based company for ₹3,500 crore. Geoffrey Nagpal and family, who own the company, may retain a minority … Read more