Current Article : Bharti MTN Deal: Timeline, The Deal, Intricacies & Hurdles

Background: In May 2008, it emerged that India’s telecommunication company Bharti Airtel was exploring the possibility of buying MTN Group of South Africa. At that time it was reported that Bharti was considering offering US$19 billion for a 51% stake in MTN, which would be the largest overseas acquisition ever by an Indian firm. However, ..