Singtel to trim Airtel stake, sell 0.8% in $1 billion block deal |...

Singtel to trim Airtel stake, sell 0.8% in $1 billion block deal

Postado

133

Singapore Telecom is set to offload 0.8% of its stake in Bharti Airtel through block deals, potentially raising approximately Rs 8,600 crore, equivalent to $1 billion. Pastel Ltd, a Singtel arm, will be selling 4.76 crore Bharti Airtel shares at a floor price of Rs 1,800 per share, a 3.6% discount.

Read Full Article

Faça o login para curtir, compartilhar e comentar!

Business

Why Apple won’t find it easy to move iPhone production from India to US

Donald Trump has expressed his disapproval of Apple's expansion plans in India, urging CEO Tim...

Por 0 5

Entertainment

Harshvardhan juggles studies amid busy film schedule

Bollywood actor Harshvardhan Rane is balancing his busy film schedule with his second year of...

Por 0 5

National

Pakistani stock market remains highly vulnerable to shocks

Pakistan’s stock exchange that has already been marred by weak macroeconomic parameters...

Por 0 29

National

China’s graduates are faltering in the job market

China’s ambitious economic growth agenda faces a critical bottleneck in its human capital:...

Por 0 32

National

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of the day in Nepal, including...

Por 0 35