Indus-Infratel to go ahead with merger; Voda-Idea to sell 11.15% Indus stake for Rs 4,000 crore - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Indus-Infratel to go ahead with merger; Voda-Idea to sell 11.15% Indus stake for Rs 4,000 crore

Bharti Infratel said the likely shareholding structure of the merged towers entity is based on “cash consideration chosen by VIL for its 11.15% shareholding in Indus -- based on an agreed formula – and on today’s calculation, the cash consideration comes to approximately Rs 4,000 crore”.

from Industry-Economic Times
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