New Delhi, Nov. 7 -- Bharti Airtel share price fell by over 3% during Friday's trading session, following reports that Singapore Telecommunications (Singtel) is planning to conduct a block deal to sell about 0.8% of its shares in the Indian telecom company.
This transaction, valued at approximately Rs.10,300 crore, is set to take place at a minimum price of Rs.2,030 per share, reflecting a 3.1% discount from Bharti Airtel's most recent closing price, according to reports.
Previous reports have suggested that Singtel plans to divest approximately 0.8% of its interest in the Indian telecom firm. As per reports, This move is considered a part of Singtel's larger restructuring plan aimed at optimizing its investments in regional telecom ope...
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