Monday, July 6, 2009
State Bank of India Eyes Bharti , MTN Deal - ET Now
State Bank of India would offer $1 billion (R8bn) to Bharti Airtel for its planned buy of a stake in MTN, television channel ET Now reported, without citing a source.
Bharti and MTN would meanwhile seek a waiver from India's Securities and Exchange Board for an open offer, ET Now reported, citing people it did not identify. - Bloomberg
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