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Dialog Axiata, Bharti Airtel to Merge Operations in Sri Lanka

Dialog Axiata, Bharti Airtel to Merge Operations in Sri Lanka
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Dialog, Axiata Group and Bharti Airtel sign Definitive Agreement to Merge Operations in Sri Lanka

Dialog Axiata PLC (“Dialog”), Axiata Group Berhad (“Axiata”) and Bharti Airtel Limited (“Bharti Airtel”) (collectively “the Parties”), signed a Definitive Agreement to combine their operations in Sri Lanka. Under this agreement, Dialog will acquire 100% of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares… ....

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Bharti Airtel's merger deal with Dialog Axiata in Sri Lanka gets regulatory approval

Under the definitive agreement signed by Dialog Axiata, Axiata Group Berhad, and Bharti Airtel, Dialog will acquire 100% of the issued shares in Airtel Lanka. In consideration of the acquisition, Dialog will issue ordinary voting shares amounting to 10.355% of the total issued shares to Bharti Airtel by way of a share swap, the companies announced in a joint statement. ....

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Bharti Airtel, Dialog and Axiata Group sign definitive agreement to merge operations in Sri Lanka

TECH NEWS : Dialog, Axiata, and Bharti Airtel signed an agreement for Dialog to acquire Airtel Lanka in Sri Lanka. The merger aims for operational efficiencies, s ....

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