Bharti Airtel shareholders approve share swap deal with ICIL to boost Airtel Africa stake

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The transaction will involve Airtel issuing equity shares to Indian Continent Investment Limited (ICIL), a promoter group entity, on a preferential basis, in exchange for its 16.31% stake in Airtel Africa, the Gurugram-headquartered telco said in a regulatory filing.

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Bharti Airtel shareholders approve share swap deal with ICIL to boost Airtel Africa stake

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