In recent M&A developments in the country, UK telecom company Vodafone is looking to sell its entire 42 per cent stake in Indus Towers to Bharti Infratel for about $5 billion, while Housing Development Finance Corp. (HDFC) is looking to acquire a controlling stake in CanFin Homes. In another deal, Warburg Pincus-backed logistics company Stellar Value Chain Solutions is acquiring Innovative Logistics Services in an all-cash deal.
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