Business »  Topic »  Carlyle Group to acquire 25% stake in Airtel's Data Centre business

Carlyle Group to acquire 25% stake in Airtel's Data Centre business


The transaction is subject to the necessary regulatory approvals, including approval from the Competition Commission of India

Airtel will continue to hold the remaining stake of approximately 75%, Bharti Airtel said in a statement.

The Carlyle Group on Wednesday announced that it will invest $235 million for approximately 25 per cent stake in Nxtra Data Ltd, a wholly-owned subsidiary of Bharti Airtel engaged in the data centre business.

The post-money enterprise valuation of Nxtra is approximately $1.2 billion and Carlyle will hold a stake of approximately 25% in the business upon completion of the transaction, with Airtel continuing to ...


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