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Name | Symbol | Market | Type |
---|---|---|---|
Vodafone Group PLC | NASDAQ:VOD | NASDAQ | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.105 | -1.21% | 8.585 | 8.58 | 8.59 | 8.61 | 8.56 | 8.61 | 388,409 | 14:34:39 |
By Kosaku Narioka
Bharti Infratel Ltd. said Saturday it has received a foreign-direct-investment approval from India's department of telecommunications to merge with Indus Towers Ltd.
Bharti Infratel, an Indian telecom tower operator, owns a 42% stake in Indus Towers. Vodafone Group PLC has another 42%, Indian mobile company Vodafone Idea Ltd. holds 11% and American private equity firm Providence Equity Partners controls the remaining 5%.
Bharti Infratel shares are down 0.2% after it rose in earlier trade, while Vodafone Idea shares are down 0.5%.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
February 24, 2020 00:13 ET (05:13 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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