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Zain okays Bharti's $10.7-b bid for African assets
Kuwait-based Zain Telecom's board cleared Bharti Airtel's proposal to buy its African assets for $10.7 billion (around Rs 48,600 crore), marking the Indian company's first successful attempt to acquire operations in Africa after two failures. Bharti had expressed its interest in Zain in the second week of February and the deadline for exclusive talks was to lapse tomorrow. Bharti's debt in Zain deal
Kuwait-based Zain Telecom's board cleared Bharti Airtel's proposal to buy its African assets for $10.7 billion (around Rs 48,600 crore), marking the Indian company's first successful attempt to acquire operations in Africa after two failures. Bharti had expressed its interest in Zain in the second week of February and the deadline for exclusive talks was to lapse tomorrow. Bharti's debt in Zain deal
Bharti Airtel ties up funds worth $8.3 b for Zain
Bharti Airtel said it had arranged the funds for its proposed acquisition of the African assets of Kuwait-based Zain Telecom. This brings it a step closer to sealing the deal. It has arranged $8.3
Bharti Airtel said it had arranged the funds for its proposed acquisition of the African assets of Kuwait-based Zain Telecom. This brings it a step closer to sealing the deal. It has arranged $8.3
Bharti board clears decks for Zain Buy
The board of Bharti Airtel gave its nod to the proposed acquisition of the African assets of Kuwait-based Zain Telecom for $10.7 billion. Executives from SingTel, which holds 31 per cent in Bharti
The board of Bharti Airtel gave its nod to the proposed acquisition of the African assets of Kuwait-based Zain Telecom for $10.7 billion. Executives from SingTel, which holds 31 per cent in Bharti
Banks wait for dollar bond prices to ease further
Banks are waiting for rates to soften further before reviving their foreign currency bond programmes, although credit spreads for large Indian lenders have eased by as much as 35-40 basis points
MTN seeks to add 20 million new users in 2010
MTN, Africa's biggest mobile operator by subscribers, aims to add 20 million new users in 2010 after 2009 earnings were depressed by currency movements despite strong growth in key markets Nigeria
MTN, Africa's biggest mobile operator by subscribers, aims to add 20 million new users in 2010 after 2009 earnings were depressed by currency movements despite strong growth in key markets Nigeria
The 21st century CFO
The chief financial officer’s responsibility has become more complex. He no longer just crunches number but also leads the company on various fronts.
The chief financial officer’s responsibility has become more complex. He no longer just crunches number but also leads the company on various fronts.
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