Nokia Solutions India sells nearly 1% stake in Vodafone Idea for Rs 786 cr

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Nokia Solutions India sells nearly 1% stake in Vodafone Idea for Rs 786 cr - Business Standard

Quick Summary:

According to the bulk deal data on the NSE, Nokia Solutions and Networks India sold 102.70 crore shares, amounting to a 0.95 per cent stake in Vodafone Idea.

Nokia Solutions and Networks India on Friday divested nearly 1 per cent stake in debt-saddled telecom operator Vodafone Idea for Rs 786 crore through an open market transaction.

Meanwhile, global investment firm Goldman Sachs picked up 59.86 crore shares or 0.55 per cent holding in Vodafone Idea.