Bharti Airtel's promoter Bharti Telecom will buy a 3.3% stake | Value investing and swing trading(money markets academy)
Bharti Airtel's promoter Bharti Telecom will buy a 3.3% stake in the company from Singapore Telecommunication (Singtel) for 2.25 billion Singapore dollars. The transaction will be completed within 90 days. Post this transaction, Singtel's shareholding in Bharti Airtel will be around 10%, while Bharti Telecom's will be 6%.
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