Absa Mauritius Leads the Way in Capital Market Transactions with Landmark Emtel IPO maurice-info.mu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maurice-info.mu Daily Mail and Mail on Sunday newspapers.
Emtel Limited (Emtel), a leading telecommunications company in Mauritius, is proud to announce its historic move to become the first telecom company in the country to go public, through an initial public offering (IPO) followed by a listing on the Official List of the Stock Exchange of Mauritius (SEM). The IPO will be open to
With the latest transaction, Bharti Telecom's direct stake in Bharti Airtel will reach 39.7 per cent from the 38.35 per cent stake it held before the current transaction
Bharti Telecom Ltd has increased its stake in Bharti Airtel to 39.59% by acquiring an additional 1.35% stake from Indian Continent Investment Ltd through a Rs 8,301.73-crore block deal. ICIL s stake in Airtel has dipped to 4.56%, while Sunil Mittal s Bharti Enterprises and Singapore Telecommunications own 50.56% and 49.44% respectively in BTL.
Following the latest block deal, ICIL’s stake in Airtel has dipped to 4.56%. As per Airtel’s September quarter shareholding filing, ICIL’s stake in the telco was earlier at 5.93%.