 The Birlas have sold another 8% of their stake in Idea Cellular to UK based asset manager, GLG Partners. This time the deal is worth $213 Million. After this sell off the net holdings of Aditya Birla group in Idea Cellular is down to 65%. C. Sivsankaran holds 1.7%.
Holdings of Private Equity Partners.
15% Providence
10% Chris Capital TA Associates, Citigroup
8% GLG Partners
Tags: Telecom India, Mobile India, Idea Cellular
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