hometelecom NewsSoftBank looking to buy stake in Bharti Airtel's telecom business, says report

SoftBank looking to buy stake in Bharti Airtel's telecom business, says report

SoftBank looking to buy stake in Bharti Airtel's telecom business, says report
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By CNBC-TV18 Aug 12, 2019 10:11:31 AM IST (Published)

Investment giant Softbank is in talks to buy a stake in Bharti Airtel’s telecom business and other assets, reported Business Standard.

Investment giant Softbank is in talks to buy a stake in Bharti Airtel’s telecom business and other assets, reported Business Standard.

The Japanese firm may buy stake either directly or indirectly through a holding company, said the report citing sources.
As per the report, there is a long way to go before the deal is finalised as Softbank usually invests in start-ups during the pre-initial public offering (IPO) stage.
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