April 25, 2018 / 2:48 AM / 7 months ago

BRIEF-Bharti Airtel Approves Proposal For Merger Of Indus Towers Into Bharti Infratel

April 25 (Reuters) - Bharti Airtel Ltd:

* BOARD EVALUATED ONE OPTION OF OFFER FOR SALE OF SIGNIFICANT STAKE IN BHARTI INFRATEL LTD

* SAYS BOARD EVALUATED OTHER OPTION OF A PROPOSAL FOR MERGER OF INDUS TOWERS LTD INTO BHARTI INFRATEL LTD.

* SAYS APPROVED PROPOSAL FOR MERGER OF INDUS TOWERS LTD INTO BHARTI INFRATEL LTD.

* DECIDED TO ENGAGE WITH POTENTIAL INVESTORS FOR EVALUATING A STRATEGIC STAKE SALE POST COMPLETION OF MERGER. Source text - bit.ly/2Fcjha8 Further company coverage:

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