Indian billionaire Sunil Bharti Mittal buys back minority shares in unlisted Nigerian subsidiary
Airtel Nigeria is the most profitable subsidiary of Airtel Africa, a leading telecom and mobile money services provider in Africa.
Sunil Bharti Mittal
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Indian billionaire Sunil Bharti Mittal’s Airtel Africa to buy out minority investors in Nigerian subsidiary in $148-million deal
The company has initiated a process to buy back the 8.27-percent minority stake at an offering price of $0.1358 per share.