Oaktree, Varde mull up to $2.5b investment in Vodafone Idea

Oaktree, Varde mull up to $2.5b investment in Vodafone Idea

India Gate. Photo: Abhidev Vaishnav/unsplash

A consortium led by US-based Oaktree Capital, including a few other private equity firms such as Varde Partners, has proposed investing up to $2.5 billion into cash-strapped Vodafone Idea Ltd through hybrid debt papers, sources aware of the matter said.

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