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ATC Telecom Infra: ATC Telecom Infra sells 2.8% stake in Voda Idea for ₹1,840 crore

ATC Telecom Infrastructure sold a 2.8% stake to Vodafone Idea, worth ₹1,840 crore, in an open market transaction. Citigroup Global bought shares worth ₹611 crore, with other buyers remaining unknown. Last month, ATC converted debentures allotted by Vodafone Idea into equity, and in January 2024, Canada s Brookfield acquired ATC s India unit in a $2.5 billion deal. Vi recently raised ₹18,000 crore through a follow-on public offer, priced at ₹10-11 per share.

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Vodafone Idea FPO: Dial Vi for victory: Cash-strapped telco pulls off biggest FPO

Vodafone Idea FPO: Dial Vi for victory: Cash-strapped telco pulls off biggest FPO
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Vodafone Idea to launch Rs 18,000-crore share sale - The Hindu BusinessLine

Vodafone Idea to launch Rs 18,000-crore share sale - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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