je.st
news
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 |
||||||||||||||||||||
|
|
||||||||||||||||||||