Billionaire Sunil Mittal’s Bharti Airtel Raising Stake In African Unit Via $2.9 Billion Share Swap

Upon completion of the deal, which is subject to shareholder and regulatory approvals, Airtel Africa Mauritius—a unit of billionaire Sunnil Mittal's Bharti Airtel—will increase its stake in Airtel Africa to 79% from 62.7%.

Raccontata daforbes.com