GIC to Back Bharti Airtel

Posted on 03/07/2019

Singapore’s GIC Private Limited is investing around US$ 700 million in Bharti Airtel Limited. This involves GIC partaking in the rights held by Bharti Airtel. Singtel is committing to subscribe to 170 million new shares of Bharti Airtel investing approximately US$ 525 million. Singtel will remain the largest shareholder in Bharti Airtel after the cessation […]