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📱 Bharti Airtel Eyes 49% Stake in Haier India: A $2 Billion Deal in the Making 💼
Bharti Airtel Eyes 49% Stake in Haier India: A $2 Billion Deal

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  • Sunil Mittal, founder of Bharti Airtel, is in advanced talks to acquire a 49% stake in Haier India, valued at approximately $2 billion.

  • The deal involves a partnership with private equity firm Warburg Pincus, aiming to expand Airtel’s footprint into the home appliance sector.

  • Haier India operates three manufacturing units across the country, producing a range of home appliances. Reuters

👉 Why this matters: This potential acquisition signifies a strategic diversification for Bharti Airtel, potentially reshaping the competitive landscape of India’s consumer electronics market.

🔗 Read more on Reuters

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