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Bharti Airtel founder Sunil Mittal and private equity firm Warburg Pincus have entered exclusive negotiations with China's home appliance manufacturer Haier to acquire a 49% stake in Haier's Indian unit. The consortium and Haier's parent company are expected to exercise joint control over the Indian operations. An official announcement regarding the deal is anticipated later this month. Separately, ChrysCapital is reportedly poised to buy a significant minority equity stake in The Sleep Company.
Sunil Mittal and Warburg Pincus enter into exclusive talks for Haier India stake buy https://t.co/i7cvO8SR2N
Bharti Airtel founder Sunil Mittal and private equity firm Warburg Pincus have entered into exclusive negotiations with China's home appliance giant Haier to acquire a 49% stake in its Indian unit #bhartiairtel #SunilMittal #WarburgPincus #China #Haier https://t.co/aomZxjfHr3
Sunil Mittal and Warburg Pincus enter exclusive talks for Haier India stake buy; announcement likely this month as the consortium & Hair's parent set to exercise joint control reports @ashwinmohansays #SuniolMittal #India #Haier #Stakes Read more here👇 https://t.co/dbn3yaGmOI
