Bharti Airtel sells 10% of Infratel to KKR, CPPIB at Rs 325 per share

Bharti Airtel, India’s largest telecommunications services provider, said it sold 10.3% of its tower unit Bharti Infratel to funds advised by US private equity firm KKR and Canada Pension Plan Investment Board at Rs 325 per share. The transaction has been done at a premium of around 3% to the stock’s opening price of Rs […]