Market Chatter: Singtel to Sell $1 Billion Worth of Shares in Bharti Airtel

MT Newswires

2025/05/16

Singtel (SGX:Z74) is expected to dispose of shares around $1 billion in Bharti Airtel (BOM:532454, NSE:BHARTIARTL) through block deals, Business Standard reported Thursday, citing sources.

The Singaporean telco plans to sell around 47.6 million shares at 1,800 Indian rupees per share, which represents a 3.6% discount on the stock's latest closing price, the report noted.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0384037296.USD","symbol_name":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2535336578","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535336578","pubTimestamp":1747368151,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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