Bharti Airtel MTN Deal Flops ?
There are reports that Bharti Airtel has pulled out of MTN Deal as the conditions put out by MTN board was not favourable to Bharti. MTN Management wanted Bharti to be made MTN Subsidiary which the Indian Management was not willing to.
Bharti was ready to pay till 160 Rands per share.
Bharti could rise on Monday when Market reopens.