Business News›Markets›Stocks›News›Airtel to buy back Warburg Pincus' 20% stake in DTH arm Bharti Telemedia for Rs 3,126 crore
Airtel to buy back Warburg Pincus' 20% stake in DTH arm Bharti Telemedia for Rs 3,126 crore
Bharti Airtel on Wednesday said it will acquire 20 per cent stake in its DTH arm Bharti Telemedia from an affiliate of Warburg Pincus for about Rs 3,126 crore. The Warburg Pincus affiliate had acquired 20 per cent equity stake in Bharti Telemedia in 2018 after the announcement of the deal in December 2017.
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