Carlyle Group is in advanced talks to sell its 24% stake in Airtel’s data center business, Nxtra Data, to Alpha Wave Global, Moneycontrol reports, citing people familiar with the matter.
- The deal is expected to close soon
- Carlyle paid about $235 million for its stake in 2020
- NOTE:
Bharti Airtel’s Data Center Arm Nxtra Plans to Raise $1b: ET
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Olivia Tam
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