India: Airtel, Brookfield in talks for Bharti Infratel stake sale

India: Airtel, Brookfield in talks for Bharti Infratel stake sale

REUTERS/Adnan Abidi

Brookfield Asset Management Inc. has submitted the highest bid for a 51% stake in telecom tower service provider Bharti Infratel Ltd and started exclusive talks with the company’s promoters Bharti Airtel, two people aware of the development said.

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