Bharti Airtel Targets 79% Ownership in Airtel Africa Through $2.9 Billion Transaction

Bharti Airtel is moving to increase its ownership in Airtel Africa to 79 percent through a 282 billion-rupee ($2.9 billion) share transaction aimed at consolidating control over its fast-growing African operations. The Indian telecom giant disclosed that its board approved the issuance of up to 146.8 million shares on a preferential basis to Indian Continent […]

The post Bharti Airtel Targets 79% Ownership in Airtel Africa Through $2.9 Billion Transaction appeared first on Investors King.