CCI approves Google International’s proposed acquisition in Bharti Airtel
1st Jul 2022

Competition Commission of India (CCI) has approved Google International’s proposed acquisition of a minority stake in Bharti Airtel. Google International and Bharti Airtel have entered into an investment agreement to buy a minority and non-controlling stake of 1.28% of equity share capital in Bharti Airtel. Along with the investment agreement, Google International and Bharti Airtel through their affiliates have also entered into certain commercial deals. The Parties also intend to enter into certain other commercial arrangements in future.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.