Home › SingTel ups stake in Bharti Airtel
 

Keywords :   


SingTel ups stake in Bharti Airtel

2013-08-16 02:53:00| Telecompaper Headlines

(Telecompaper) Singapore Telecommunications (SingTel) will buy a 3.62 percent stake in Bharti Telecom from MacRitchie Investments to increase its stake in the linked company Bharti Airtel. Following the SGD 383.58 million transaction, SingTel's stake in Bharti Telecom will grow to 39.78 percent from the current 36.16 percent and its effective interest in Bharti Airtel will increase from 30.76 percent to 32.34 percent. SingTel expects the deal to close on 28 August.

Tags: ups stake airtel bharti

Category:Telecommunications

Latest from this category

All news
»
03.07Hurricane Beryl Graphics
03.07Hurricane Beryl Forecast Discussion Number 21
03.07Hurricane Beryl Wind Speed Probabilities Number 21
03.07Hurricane Beryl Forecast Advisory Number 21
03.07Hurricane Beryl Public Advisory Number 21
03.07Summary for Hurricane Beryl (AT2/AL022024)
03.07Nebraska celebrates new feedlot research, teaching, extension center
03.07Hurricane Beryl Public Advisory Number 20A
More »