The Wall Street Journal, 3 Jun 2009, P.R. VENKAT, ROBB M. STEWART, COSTAS PARIS and SE YOUNG LEE
Singapore Telecommunications Ltd. may end up owning 10% to 12% of MTN Group Ltd. if MTN's proposed merger with Bharti Airtel Ltd. of India succeeds, people familiar with the matter said.
These people said SingTel may extend a credit line of as much as US$3.6 billion to Bharti to help finance its merger with MTN.
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