Singtel to sell 3.3% in Airtel to Bharti Telecom
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Singtel’s wholly-owned subsidiaries have entered into a share purchase agreement to sell a 3.3% direct stake in regional associate Airtel to Bharti Telecom, a joint venture between Bharti Enterprises and Singtel, at any time before 23 November 2022. The sale will unlock approximately S$2.25 billion as part of the Singtel Group’s capital recycling strategy. The […]