Bharti Telecom acquires 3.33% Airtel stake from Singtel in $1.61 billion deal
“Singtel and its affiliates have entered into an agreement to transfer 3.33% shares to BTL for an aggregate amount of approx. SGD 2.25 billion, leaving direct shareholding of Singtel and Bharti in Airtel at 10% and 6% respectively,” BTL said in an exchange filing Thursday.
