Vodafone sells 18% stake in India's Indus Towers
In a press release, Vodafone states that the proceeds of the transaction, estimated at 1.7 billion euros, will enable it to repay certain bank loans.
Following the transaction, Vodafone will still hold 82.5 million Indus shares, or 3.1% of the capital.
On the London Stock Exchange, Vodafone shares were up 1.1% in early trading on Wednesday.
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