Dialog Shares
Bharti Airtel signs deal to merge Sri Lankan unit with Dialog Axiata
Airtel Lanka to have 10.35% voting shares in the merged entity, according to agreement
 "Bharti Airtel signs deal to merge Sri Lankan unit with Dialog Axiata")
Bharti Airtel to merge Sri Lanka ops with Dialog Axiata in equity swap deal
Telecom operator Bharti Airtel will merge its Sri Lanka operations with Dialog Axiata in an equity swap deal, a joint statement said on Thursday. Airtel Lanka's turnover in financial year 2023 was Rs 294 crore and it contributed 0.21 per cent to Bharti Airtel's overall business. "Dialog Axiata PLC , Axiata Group Berhad (Axiata) and Bharti Airtel Limited signed a definitive agreement to combine their operations in Sri Lanka," the statement said. Under the agreement, Sri Lanka-based telecom operator Dialog will acquire 100 per cent of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares which will amount to 10.355 per cent of the total issued shares of Dialog by way of a share swap, it said. Airtel Sri Lanka commenced commercial operations in Sri Lanka in 2009. "The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has granted its approval for the proposed merger, underscoring its vision to advance the ..
Chipmaker Dialog plunges further on fears Apple could go it alone
The stock has lost half its value since April on investor concerns that Apple is working on its own power chips
 "Chipmaker Dialog plunges further on fears Apple could go it alone")
