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The company said it had launched a sale of 63.3 million of Indus shares, or about a 2.4% stake, and was in talks with various parties regarding the sale of the remaining shares.
Vodafone’s stake of 757.8 million Indus shares was worth roughly 190.7 billion rupees ($2.56 billion) as of Indus’s Wednesday closing price on India’s National Stock Exchange.
($1 = 74.5490 Indian rupees)
