Summary: Singtel’s unit Pastel is offering to sell 47.6 million shares in Bharti Airtel, potentially raising $1.3 billion. This sale, facilitated by J.P. Morgan India, marks a significant divestment by Singtel, which has been reducing its stake in Airtel to fund investments in data centers.

Link: https://www.straitstimes.com/business/companies-markets/singtel-to-sell-1-3-billion-stake-in-bharti-airtel-via-block-deals-report