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General

Airtel to acquire 20% stake in Bharti Telemedia from Warburg Pincus for INR 31 billion

Tuesday 23 February 2021 | 12:58 CET | News
Indian operator Bharti Airtel will acquire Warburg Pincus affiliate's 20 percent equity stake in its DTH arm Bharti Telemedia for a total consideration of INR 31.26 billion. This amount will be discharged primarily via issuance of 36.47 million equity shares of Airtel at a price of INR 600 per share; and up to INR 10.37 billion in cash.

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Categories: General
Companies: Bharti Airtel
Countries: India
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