Bharti AirtelBSE 1.05 % is believed to be in talks to merge its wholly-owned Sri Lanka unit into Dialog Axiata, the Malaysia-based Axiata group’s telecom arm in the island nation, in a likely share-swap deal, two people familiar with the matter said. A potential Airtel Lanka-Dialog-Axiata merger is likely to be along the lines of the recent merger of Bharti Airtel and Axiata’s telecom units in Bangladesh, wherein Axiata will be the dominant shareholder Read more at: http://economictimes.indiatimes.com/articleshow/50938332.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesBharti Airtel in talks to merge its wholly-owned Sri Lanka unit into Dialog Axiata
Industry: Telecom 2016-02-11