Bharti Airtel will lift its Airtel Africa stake to about 79% in a $2.9 billion share swap, tightening Indian control of the pan-African operator.
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AFRICA · BUSINESS
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The deal: Bharti Airtel is moving to lift its stake in Airtel Africa to about 79%, in a transaction valued at roughly $2.9 billion.
Will see the Indian telecoms giant increase stake to 79%
Upon completion of the deal, which is subject to shareholder and regulatory approvals, Airtel Africa Mauritius—a unit of…
NEW DELHI: Nearly all shareholders of Indian telecom giant Bharti Airtel Monday approved the ongoing transaction to consolidate…
Transaction to raise effective holding to 79% via share swap in the company’s African subsidiary
Bharti Airtel's board approved a ₹28,220 crore share-swap deal with ICIL, a Mittal family entity, to increase its stake in Airtel…
NEW DELHI: Nearly all shareholders of Bharti Airtel Monday approved ongoing transaction to consolidate its stake in subsidiary…
