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Airtel sells 3.6% stake in Infratel tower unit for INR 26 bln

2017-08-09 07:55:00| Telecompaper Headlines

(Telecompaper) Indian operator Bharti Airtel has divested a 3.6 percent stake in its towers arm Bharti Infratel for INR 26 billion. Bharti Airtel sold 67.53 million shares in its subsidiary Bharti Infratel at a price of INR 380.6 per share, representing a discount of around 4 percent to the previous day's closing price. Following this transaction, Bharti Airtel owns a 58 percent stake in Bharti Infratel.

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Bharti offloads INR25.7bn Infratel stake

2017-08-09 02:00:00| Total Telecom industry news

Bharti Airtel this week sold a 3.65% stake in its towers business Bharti Infratel, raising 25.7 billion rupees (€343.32 million). In a statement on Tuesday…read more on TotalTele.com »

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DONG Energy to divest stake in German offshore windfarm for 1.17bn

2017-08-09 01:00:00| Power Technology

DONG Energy has signed a deal to sell 50% of its stake in the 450MW Borkum Riffgrund 2 offshore windfarm in Germany to Global Infrastructure Partners III (GIP III) for around 1.17bn.

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Berry Bros & Rudd to retain Anchor Distilling Co stake after Sapporo split

2017-08-07 16:22:00| Daily beverage news and comment - from just-drinks.com

UK wine and spirits company Berry Bros & Rudd has said it will retain its interest in Anchor Distilling Co despite the agreed sale of sister company Anchor Brewing Co.

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Elliott buys NXP stake, raising pressure on Qualcomm

2017-08-07 08:38:00| Telecompaper Headlines

(Telecompaper) The activist investor Elliott Management has acquired a 6 percent stake in chipmaker NXP Semiconductors and said it would push for a higher price from Qualcomm in its takeover of NXP. Elliott's stake, valued at USD 2.2-2.3 billion, makes it NXP's largest shareholder, Reuters reports.

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