Bharti Airtel increases Airtel Africa holding to 79% in transaction worth ₹28,000 crore

Bharti Airtel has raised its stake in Airtel Africa by 16.31 per cent to about 79 per cent through a share-swap agreement, which is estimated to be around ₹28,200 crore, according to a company filing on Tuesday.

Before the transaction, Bharti Airtel held 62.73 per cent in Airtel Africa.