Nifty breaks 8100 amid consolidation
For daily intraday tips and intraday calls click this link to get connect with us https://www.linkedin.com/title/ripples-advisory fill our Two Days Free Trial For more you can give One missed call on this no. -9303093093
The Indian Alternative asset manager Blackstone Group and Canadian investor Brookfield are vying with each other to pick up around 40 percent stake in Bharti Infratel. While Brookfield is bidding on its own, Blackstone is throwing its hat in the ring with private equity fund KKR & Co and Canada Pension Plan Investment Board (CCPIB), according to a media report quoting unnamed sources.
A 40 percent stake sale in Bharti Infratel will cost around Rs 27,000 crore as per Wednesday's closing price. Bharti Airtel owns 72 percent in Infratel, wihle the remaining is vested with public shareholders.
The Indian Alternative asset manager Blackstone Group and Canadian investor Brookfield are vying with each other to pick up around 40 percent stake in Bharti Infratel. While Brookfield is bidding on its own, Blackstone is throwing its hat in the ring with private equity fund KKR & Co and Canada Pension Plan Investment Board (CCPIB), according to a media report quoting unnamed sources. 
No comments:
Post a Comment