Qatar Foundation Endowment Sells Entire 5% Stake in Airtel
Qatar Foundation Endowment, through its Asia-Pacific regional holding company Three Pillars, has sold its entire 5% stake in Bharti Airtel for around Rs 9600 crore. In a statement, QFE said that the block trade was priced at Rs 481 per share, a discount of 6.4% to the previous closing price as of 7th November 2017. TPPL’s representative on Bharti Airtel’s Board of Directors will step down immediately post settlement of... Read More