GQG Said to Invest Around $400 Million in Ailing Vodafone Idea [Yahoo! Finance]
Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD)
US:NASDAQ Investor Relations:
vodafone.com/content/index/investors.html
Company Research
Source: Yahoo! Finance
week, according to people familiar, in a vote of confidence in the unprofitable Indian wireless operator. Most Read from Bloomberg Beyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROI Iran's Attack on Israel Sparks Race to Avert a Full-Blown War Apple Faces Worst iPhone Slump Since Covid as Rivals Rise Tesla Executive Baglino Leaves as Musk Loses Another Top Deputy Israel Versus Iran — What All-Out War Could Look Like GQG will place bids for equity worth at least $300 million and as much as $400 million in a follow-on public offer being floated by the joint venture between Vodafone Group Plc and the Aditya Birla Group, said people familiar with the discussions who did not want to identified as the information is not public. Other institutional investors are also expected to buy into the sale, they added. The $2.2 billion share sale, which will start on April 18 and close April 22, has a floor price of 10 rupees (12 cents) per share and a ceil
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News
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- UAE's $35 Billion Egypt Deal Marks Gulf Powers' Buying Spree [BNN Bloomberg (Canada)]BNN Bloomberg
- Undersea Cable Damage Cuts Internet to Islands Off Africa Coast [BNN Bloomberg (Canada)]BNN Bloomberg
- India's Airtel in talks to buy Vodafone's stake in Indus Towers - ET [Reuters]Reuters
VOD
Sec Filings
- 4/16/24 - Form 6-K
- 4/2/24 - Form 6-K
- 3/28/24 - Form 6-K
- VOD's page on the SEC website