Carlyle to acquire approximately 25% stake in Airtel's Data Centre business
Bharti Airtel (NSE: BHARTIARTL) (“Airtel”), India’s largest integrated telecommunications operator, and Comfort Investments II, an affiliated entity of CAP V Mauritius Limited, an investment fund managed and advised by affiliated entities of The Carlyle Group (NASDAQ: CG) (together, “Carlyle”) today announced an agreement under which Comfort Investments II will invest US$235 million in Nxtra Data Limited (“Nxtra”), a wholly owned subsidiary of Airtel engaged in the data centre business....