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Singapore Telecommunications Ltd (Singtel) will reportedly offload about 0.8% stake in Bharti Airtel through a block deal worth Rs 10,300 crore. The deal has a minimum price of Rs 2,030 per share, which reflects a discount of 3.1% to Bharti Airtel’s last closing price.The stake sale is likely part of Singtel’s ongoing efforts to restructure […]
Promoters of Bharti Airtel are set to unload shares worth a maximum of RS 9,310 crore ($ 1.06 billion) via a secondary stock sales via Block Deal on Friday according to a company submitted to the stock markets. The proposed transaction will be carried out by Indian Continent Investment, an entity for promotional group. Sharing […]
