Singapore Telecommunications (Singtel) has concluded its Rs 2,649 crore investment in Bharti Telecom, taking its total stake (including affiliates) in the holding company of Bharti Airtel to 48.90% from earlier 47.17%. Following the investment, Bharti Enterprises will continue to own 50.1% of Bharti Telecom.
— The Economic Times

J Sagar Associates advised Singapore Telecommunications Limited (SingTel) led by a team of partners Vikram Raghani and Anand Lakra and senior associate Kaustubh Verma.

2018-03-13

Deal value: USD 405 million (INR 2,649 crores)

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