Business Services Industry

Bharti Airtel and SingTel plan to set up a separate company for the acquisition of South Africa's MTN Group

Telecom Asia, June, 2008

Bharti Airtel and SingTel plan to set up a separate company for the acquisition of South Africa's MTN Group. The special purpose vehicle will raise funds, including bridge loans, and may later sell American Depositary Receipts or Global Depositary Receipts to repay the debt.

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COPYRIGHT 2008 Gale, Cengage Learning
 

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