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BHARTI INDUS STAKE
Parag Parikh Flexi Cap Fund raises stake in ITC, HDFC Bank and 14 other stocks in MayParag Parikh Flexi Cap Fund, India’s largest active flexi-cap scheme by AUM, raised exposure to ITC, HDFC Bank and 14 other stocks in May, ...- UK's Vodafone Group PLC to sell residual 3% stake in Indus Towers through block dealVodafone Group Plc is selling its remaining 3% stake in Indus Towers through a block deal. The proceeds will be used to repay Vodafone Idea...
- UK’s Vodafone Group sells 18% in Indus for Rs 15,300 croreThe stake sale proceeds will be used to clear bulk of the UK company’s existing lender dues relating to $1.8 billion of borrowings secured ...
- Bharti Airtel says it has no desire to buy out Vodafone Plc’s share and up stake in Indus TowersBharti Airtel denies plans to increase its stake in Indus Towers, contrary to reports. Airtel asserts its commitment to maintaining Indus's...
- Airtel won't oppose Vodafone's bid to sell Indus stake to external buyerUK's Vodafone Group and India's Aditya Birla Group are facing increasing pressure from the government and lenders to infuse equity into Vod...
- Bharti Infratel board meeting on June 11 to take final call on Indus mergerIn February, the mega towers merger deal had received foreign direct investment nod.
- Bharti Infratel-Indus Towers merger may soon get completedThe principal shareholders, Bharti Group and Vodafone, have opted for a share-swap arrangement instead of the original plan, under which Bh...
- Bharti Infratel may seek 30% cut from Providence EquityBharti Infratel is likely to push for at least 30% cut in its cash payout to Providence Equity Partners under the terms of its planned merg...
- Vodafone Idea to get Rs 6,000 cr from Indus Towers exitVodafone Idea is looking at generating funds from various avenues, including a Rs 25,000 crore rights issue in the June quarter.
- Bharti Infratel, Indus Towers merger gets NCLT nodThe proposed merger, which will create a mega tower company in India, will also require approval from the Telecom Department.
- Providence, VIL may sell stakes in Indus TowersVodafone Idea has the option to sell its entire 11.15 per cent stake in Indus for cash.
- Airtel to end up with 12.7% in merged tower CombinedThe country's second-largest telco on Thursday announced plans to sell a further 32% stake in its tower arm, Bharti Infratel, which is in t...
- Bharti Infratel, Indus Tower merger deal gets SEBI nodThe deal gives Idea Group an option to sell its 11.5 per cent stake in Indus Towers for cash or in lieu of receiving new shares.
- CCI approves Bharti Infratel-Indus Towers mergerBharti Airtel and Vodafone, according to the companies, will jointly control the combined company, in accordance with the terms of a new sh...
- A sale coup could soon give Vodafone, Idea the ammo to make it an even fight with JioIdea and Vodafone urgently need to bring their balance sheets under control. The proposed block sale may help the two telcos do just that.
- Airtel to evaluate stake sale post Indus and Infratel mergerAirtel said that it took the decision after having received the recommendation from its Committee of Directors.
- Bharti Infratel to explore buying stake in Indus TowersBharti Infratel currently owns 42% in Indus Towers, which has a portfolio of 1,23,000 towers.
- Bharti Infratel eyes Vodafone, Idea’s Indus stakes to ring in mega consolidationBoth sides had held preliminary discussions in February , but with Vodafone focussing more on merging its mobile phone operations with Idea...
- Bharti Infratel has window till December to list IPOBharti Infratel, has to list by December this year, failing which, co-owned Indus Towers will have the option to go ahead with it's IPO, so...
- Bharti may list InfratelAfter transferring about 29,400 towers to the newly formed infrastructure giant - Indus Towers - Bharti is also looking at the possibility ...
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