Bharti to Raise Airtel Africa Stake in $2.9 Billion Stock Swap
Bharti Airtel Ltd. approved a plan to bolster its stake in its UK-listed African subsidiary through a $2.9 billion stock swap, a move which India’s No. 2 wireless operator expects...
By Sanjai P R · Bloomberg Markets
Bharti Airtel Ltd. approved a plan to bolster its stake in its UK-listed African subsidiary through a $2.9 billion stock swap, a move which India’s No. 2 wireless operator expects will boost earnings per share.