25-08-2022, 12:27 PM
Aug 25 (Reuters) - Singapore Telecommunications Ltd said on Thursday it would sell a 3.3% stake in India's Bharti Airtel Ltd to Bharti Telecom Ltd for an aggregate consideration of about S$2.25 billion ($1.61 billion).
Singtel, southeast Asia's largest telecom firm, said its units Pastel Ltd and Viridian Ltd would together sell 198 million shares they hold in India's second-biggest telecom operator.
The stake sale comes at a time when Singtel trims down its portfolio to sharpen focus on core businesses.
https://sg.finance.yahoo.com/news/1-sing...33899.html
Singtel, southeast Asia's largest telecom firm, said its units Pastel Ltd and Viridian Ltd would together sell 198 million shares they hold in India's second-biggest telecom operator.
The stake sale comes at a time when Singtel trims down its portfolio to sharpen focus on core businesses.
https://sg.finance.yahoo.com/news/1-sing...33899.html
![Laughing Laughing](https://sgtalk.net/images/smilies/Animated/laughing_s.gif)