Bharti Nears $9 Billion Zain Purchase; Debt May Drag Earnings

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Bharti Nears $9 Billion Zain Purchase; Debt May Drag Earnings
Source: BusinessWeek
Sunday 21st March, 2010

March 22 (Bloomberg) -- Bharti Airtel Ltd. moved a step closer to its proposed $9 billion acquisition of Zain's African assets after it arranged funding for 90 percent of the bid, a level of deb... ...

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