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Bharti Overseas Increases Stake in Airtel Africa
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Bharti Overseas Increases Stake in Airtel Africa

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Airtel Africa Plc ( (GB:AAF) ) has issued an announcement.

Airtel Africa Plc announced a notification of major interest in its shares, revealing that Bharti Overseas Private Limited has increased its voting rights from 15.1% to 16.14%. This change, documented on December 27, 2024, signifies a consolidation of control by Bharti Overseas, which holds 100% voting rights in Bharti Global Limited and Indian Continent Investment Limited, potentially strengthening its influence over Airtel Africa’s strategic decisions.

More about Airtel Africa Plc

Airtel Africa Plc is a telecommunications company operating within the UK, focusing on providing mobile and data services across numerous African markets. It is part of the larger Bharti Airtel group, which is headquartered in India.

Average Trading Volume: 3,321,578

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £4.18B

See more insights into AAF stock on TipRanks’ Stock Analysis page.

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