Bharti Airtel Limited has finalised a massive N4 trillion cashless share swap deal, pushing its direct ownership in Airtel Africa Plc to 79.04percent.
The transaction, executed with promoter group entity Indian Continent Investment Limited (ICIL), sees the Indian telecom giant tighten its grip on its high-growth African operations just as the continent’s digital financing and mobile money sectors gear up for major expansion.
The disclosure, formally filed with the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE) on Mond
