No dual listing proposal from Bharti-MTN: India

Posted By: Staff
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New Delhi, Sep 29: Finance Secretary Ashok Chawla on Tuesday, Sep 29 said that there is no dual listing proposal from Bharti Airtel and South Africa's MTN.

"There is no formal proposal before any public authority in India as of today," said Chawla.

"Well, our officials had some discussion with them. They have explained our legal position and asked them to see what is it that they need."

The Bharti and MTN merger would create an emerging markets giant with more than 200 million customers across India, Africa and the Middle East.

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