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Bharti to pay Rs 300 billion more for MTN?

Posted on: May 29th 2009 in Press Releases.

Contrary to assertions by Bharti Airtel’s management, the share-swap deal with South African telecom major MTN may trigger the open offer clause, according to a senior official in the Securities and Exchange Board of India. Sebi has based its assessment on Bharti Airtel’s off…

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