India: Merrill Lynch sells part of its stake in Bharti Airtel for $302m

India: Merrill Lynch sells part of its stake in Bharti Airtel for $302m

REUTERS/Adnan Abidi

Global wealth management firm Merrill Lynch has part-exited its stake in leading Indian telecom firm Bharti Airtel Ltd, through the sale of shares worth Rs1,931 crore ( ($301.90 million) in an open market transaction on Tuesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter