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Announced

Completed

Bharti Airtel completed the acquisition of a 6.3% stake in Robi Axiata.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned25%
Capital Bid For6%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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mobile network

Acquisition

mobile telecommunicatation

Friendly

mobile network operation

Single Bidder

Bangladesh

Minority

Mobile

audio telecommunications

Private

Cross Border

Completed

Synopsis

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Bharti Airtel, a mobile network operator completed the acquisition of a 6.3% stake in Robi Axiata, a mobile network operator in Bangladesh. Financial terms were not disclosed. "The stake was acquired at a mutually-agreed valuation. The said valuation is non-material and is not disclosed herein due to reasons of confidentiality," Bharti Airtel.

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