Home Airtel sells stake in DTH unit to Warburg Pincus for USD 350 million
 

Keywords :   


Airtel sells stake in DTH unit to Warburg Pincus for USD 350 million

2017-12-13 09:42:00| Telecompaper Headlines

(Telecompaper) Bharti Airtel announced that an affiliate of private equity firm Warburg Pincus will acquire a stake of up to 20 percent in Bharti Telemedia, the DTH arm of Airtel. The acquisition price reaches around USD 350 million. Of this, a 15 percent stake will be sold by Bharti Airtel and the balance by another Bharti entity which holds 5 percent. 

Tags: million unit usd sells

Category:Telecommunications

Latest from this category

All news

»
23.11PlayStationVitaPCH-2000
23.11GB
23.11 Malbon
23.11PING PEARL GATES
23.11WATCH
23.11L
23.11Tetsuya_SP2 DMC
23.116
More »