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Bharti MTN deal | Bharti Airtel | Bharti Airtel Ltd | Bharti Airtel India | Bharti Airtel Limited
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Telecom tycoon Sunil Mittal is set to script India's biggest foreign takeover as the talks to acquire South Africa's MTN Group are in an advanced stage. The acquisition will overtake the big buyouts by the Tatas, Ambanis and also the Birlas in recent years.
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Cash-heavy acquisition
 The deal is likely to contain a significant cash component with an equity funding of $9 billion and debt funding of $16 billion
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Willing to pay more
 Desperate to take a control of MTN, Bharti is considering raising its offer price to around $22.63 per share
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Vodafone in MTN play?
 Vodafone's in-house acquisition team is said to be exploring the options of buying MTN
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Makati backs Mittal
 The Makati family, which owns 9.8% in MTN, is supportive of any decision the management makes
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SingTel may join
 Telecom giant SingTel is likely to assist Bharti as a co-buyer to complete the MTN buyout
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Set to create history
 If talks translate into Bharti buying MTN, it will dwarf Tata Steel's acquisition of UK-based Corus for around $12 billion
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