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19.06.2024 08:20:33 - dpa-AFX: Vodafone Sells 18% Stake In Indus Towers To Repay Debts
LONDON (dpa-AFX) - Vodafone Group Plc (VOD.L), a telecommunications company,
Wednesday said it has sold 484.7 million shares or 18 percent stake in Indus
Towers Limited through an accelerated book-build offering to raise 1.7 billion
euros.
The company plans to use the proceeds to repay a substantial part of bank
borrowings of 1.8 billion euros secured against Vodafone's Indian assets.
Following the offering, Vodafone holds 82.5 million shares or 3.1 percent stake
in Indus.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
Wednesday said it has sold 484.7 million shares or 18 percent stake in Indus
Towers Limited through an accelerated book-build offering to raise 1.7 billion
euros.
The company plans to use the proceeds to repay a substantial part of bank
borrowings of 1.8 billion euros secured against Vodafone's Indian assets.
Following the offering, Vodafone holds 82.5 million shares or 3.1 percent stake
in Indus.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
VODAFONE GROUP PLC | A1XA83 | Xetra | 0,823 | 27.06.24 15:40:58 | -0,002 | -0,27% | 0,823 | 0,824 | 0,828 | 0,825 |
