India's Bharti Airtel approves Bharti Infratel, Indus Towers merger
April 25 (Reuters) - Bharti Airtel Ltd on Wednesday approved the merger of Indus Towers Ltd with Bharti Infratel Ltd.
The merger ratio involves 1,565 shares of Bharti Infratel for every 1 share of Indus Towers share, the company said in a statement. here (Reporting by Vishal Sridhar in Bengaluru; Editing by Gopakumar Warrier)