Warburg Pincus invests $350m in India's Bharti Telemedia
Warburg Pincus has invested $350 million in Bharti Telemedia, the direct-to-home (DTH) satellite television services arm of Indian telecom services provider Bharti Airtel.
The private equity firm bought a 20% stake in Bharti Telemedia, comprising a 15% interest held by Bharti Airtel and a 5% holding from another Bharti entity. The deal leaves Bharti Airtel with an 80% stake...
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