Airtel promoters to sell stake worth over $1bn | Dununu.com :...

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Airtel promoters to sell stake worth over $1bn

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Indian Continent Investment, a promoter group entity of Bharti Airtel, is set to sell a 0.8% stake in the telecom giant for approximately Rs 9,310 crore through block deals. The deal, managed by Jefferies and JP Morgan, involves offloading up to 5 crore shares at a discounted price.

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