Indian billionaire Sunil Mittal closes $2.9 billion swap, locking in 79 percent of Airtel Africa

Billionaires Africa | 29.06.2026 20:59
Bharti Airtel has settled the share swap it first unveiled in May. The Indian carrier founded by Sunil Bharti Mittal completed the transfer of about 595.2 million Airtel Africa shares, a 16.35 percent block, on June 22, locking its effective stake in the London-listed unit at roughly 79 percent.