India's Airtel’s Bharti Infratel stake sale: KKR, CPPIB part of bigger agreement?

India's Airtel’s Bharti Infratel stake sale: KKR, CPPIB part of bigger agreement?

Visuals taken from WikimediaCommons

KKR and Co. Lp and Canadian state-owned pension fund manager CPPIB’s Rs6,193.9-crore investment in Bharti Infratel Ltd on Tuesday for a 10.3% stake is likely part of a broader arrangement under which the investors are also expected to buy Idea Cellular’s stake in Indus Towers Ltd, two people aware of the discussions said on condition of anonymity.

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