💰 Bharti Airtel Subsidiary Nxtra Data Acquires up
Published by OOPSONLINE.IN · Source: scanx.trade · 1 min read · · Updated
What actually happened
Bharti Airtel Limited subsidiary Nxtra Data Limited has agreed to acquire up to 85% stakes in Rochak Systems Private Limited and Rovision Tech Hub Private Limited to expand its data centre business. The targets are recently incorporated Indian entities focused on land development for data centres. The deal involves cash consideration at an undisclosed valuation and requires no regulatory approvals.
Key points
- Bharti Airtel Limited subsidiary Nxtra Data Limited has agreed to acquire up to 85% stakes in Rochak Systems Private Limited and Rovision Tech Hub Private Limited to expand its data centre business.
- The targets are recently incorporated Indian entities focused on land development for data centres.
- The deal involves cash consideration at an undisclosed valuation and requires no regulatory approvals.
Summary based on data provided by scanx.trade. Full article available at the original publisher.
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