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Published 12 days ago

Citi Buys Vodafone Idea Shares For Rs 611 Crore After ATC Telecom Exits

Summary by NDTV Profit
US investment major Citigroup acquired shares in struggling telecom company Vodafone Idea Ltd. for Rs 611 crore, after the local arm of American Tower Corp. divested its entire stake via open market transactions on Friday. Citigroup Global Markets Mauritius Pvt. purchased 49.12 crore shares at Rs 12.7 apiece, according to bulk deal data on the NSE. It represents 0.98% equity in the Aditya Birla Group company.ATC Telecom Infrastructure Pvt. offlo…

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Citi Buys Vodafone Idea Shares For Rs 611 Crore After ATC Telecom Exits

US investment major Citigroup acquired shares in struggling telecom company Vodafone Idea Ltd. for Rs 611 crore, after the local arm of American Tower Corp. divested its entire stake via open market transactions on Friday. Citigroup Global Markets Mauritius Pvt. purchased 49.12 crore shares at Rs 12.7 apiece, according to bulk deal data on the NSE. It represents 0.98% equity in the Aditya Birla Group company.ATC Telecom Infrastructure Pvt. offlo…

12 days ago
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