Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Bharti Infratel drops 2% on merger with Indus Towers

Bharti Infratel dropped 2% on Wednesday following the announcement of its merger with Indus Towers. The merged entity will see Bharti Airtel and Vodafone each holding around 33%.

Kumar Mangalam Birla-led Idea Cellular and private equity fund Providence, which jointly hold 16% in Indus Towers, will exit through a cash payout. The merged entity will change its name to Indus Towers Limited and stay listed on stock exchanges.

For more information on commodity tips

and quick free trial click here > 911 133 9000


Connect with our social media sites

Follow @Epic_Research

This post first appeared on Stock Market News And Updates, please read the originial post: here

Share the post

Bharti Infratel drops 2% on merger with Indus Towers


Subscribe to Stock Market News And Updates

Get updates delivered right to your inbox!

Thank you for your subscription