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ola ipo: CCI approves Warburg Pincus' investment in Ola parent ahead of IPO indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Adani Ports plans to gain full control of Gangavaram port soon | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Adani Ports to acquire 31.5 pc in Gangavaram Port from Warburg Pincus for Rs 1,954 Cr aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Technuter Airtel said that it will acquire a Warburg Pincus affiliate’s 20% equity stake in its DTH arm Bharti Telemedia for a total consideration of ~ INR 31,260 million which will be discharged primarily via issuance of ~36.47 million equity shares of Airtel at a price of INR 600 per share; and up to INR 10,378 million in cash. The issuance of shares proposed through preferential allotment is subject to shareholders’ approval. The proposed transaction is part of Airtel’s strategy to align the shareholding of its customer facing products, services and businesses under the same holding group. A full control and ownership over Bharti Telemedia allows Airtel to offer differentiated and converged solutions to customers so as to promote “One Home” strategy. ....
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. In December 2017, a Warburg Pincus affiliate, agreed to acquire 20 per cent equity stake in Bharti Telemedia Limited, the DTH arm of Airtel. The transaction will be done via issuance of 36.47 million equity shares of Airtel at a price of Rs 600 per share, and up to Rs 1037.8 crore in cash. The issuance of shares is proposed through preferential allotment is subject to shareholders’ approval. The proposed transaction is part of company s strategy to align the shareholding of its customer facing products, services and businesses under the same holding group, Airtel said in a stock exchange filing. ....