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Dialog, Axiata Group and Bharti Airtel sign Definitive Agreement to Merge Operations in Sri Lanka

Combined strengths to deliver superior experience to customers and improve returns to shareholders. - April 18, 2024 Dialog Axiata PLC (“Dial. ....

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Dialog Axiata signs deal to acquire Bharti Airtel's Sri Lanka operations

Dialog Axiata signs deal to acquire Bharti Airtel's Sri Lanka operations
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Dialog, Axiata Group and Bharti Airtel sign definitive deal for merger in SL

Latest news, analysis and opinions from the Daily FT, Sri Lanka s only national business newspaper. .. ....

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Dialog Axiata to take over Airtel Lanka in long-awaited merger deal

Dialog Axiata and its parent company Axiata Group announced on Thursday that they have signed a definitive agreement to effectively take over Bharti Airtel’s Sri Lankan operations, reducing the number of mobile operators in the country to three. ....

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Dialog, Axiata Group and Bharti Airtel sign Definitive Agreement to Merge Operations in Sri Lanka

Dialog Axiata PLC (“Dialog”), Axiata Group Berhad (“Axiata”) and Bharti Airtel Limited (“Bharti Airtel”) (collectively “the Parties”), signed a Definitive Agreement to combine their operations in Sri Lanka. Under this agreement, Dialog will acquire 100% of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares… ....

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