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CDPQ shows interest in Indus Towers

Canadian pension fund Caisse de depot et placement du Quebec (CDPQ) is reported to be in talks with Vodafone Plc to buy the telco’s residual 21% stake in Indus Towers Limited. It is estimated to be Rs 11270 crore.

Bharti Airtel is the largest shareholder and will have the first right of refusal.

CT Bureau

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