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Last Updated : Feb 14, 2018 04:28 PM IST | Source: PTI

Bharti to explore listing of Africa business in international exchange

The board of Bharti Airtel's Netherlands based unit, BAIN BV, which controls Africa operations, has approved listing of its shares on a global stock exchange.

The board of Bharti Airtel's Netherlands based unit, BAIN BV, which controls Africa operations, has approved listing of its shares on a global stock exchange.

"Board of Directors of BAIN BV on February 12 has authorized its management to initiate non-binding exploratory discussion with various banks/intermediaries to explore possibility/feasibility of listing of its shares on an internationally recognised stock exchange," Bharti Airtel said in regulatory filing.

The discussions are of exploratory nature and there is no certainty on the outcome of these discussions, it said. Bharti Airtel operates in 14 African countries and all the operations are managed by Bharti Airtel International (Netherlands) BV (BAIN).
First Published on Feb 14, 2018 04:01 pm
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