Indian telecoms firm Bharti has made an offer of up to $10.7bn to buy Zain's African telco assets, Reuters has reported. The board at Kuwait-based Zain is expected to meet today to discuss Bharti's offer. The Gulf's third-largest telecoms firm by market value stopped talks in October to sell its African assets, to appease potential buyers who were looking to take a 46% stake in Zain Group.
Subscribe to MEED to receive your choice of premium newsletters
 |
 |
 |
 |
Identify and track projects across the Middle East and North Africa through MEED Projects. Subscribers can track projects, conduct trend analysis, forecast, produce strategic reports and ultimately win new business.
Middle East data, research and analysis - from broad macroeconomic statistics to specific sector data, MEED Insight can help you accurately and cost effectively forecast market growth and trends.
MEED Events provide high profile speakers, relevant and critical business content and the latest news from across the GCC. With a portfolio that includes large-scale summits, two-day industry specific conferences and unique networking opportunities.
Site powered by Webvision
Share
