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Mittal in talks to buy $2-bn stake in Haier's India unit
Financial Express Kochi
|May 10, 2025
BHARTI ENTERPRISES CHAIRMAN Sunil Mittal is in advanced talks to acquire a 49% stake in the Indian unit of China's Haier Smart Home, according to people familiar with the matter, as the billionaire looks to tap growing demand for goods such as home appliances in the country.
The Bharti Airtel founder has teamed up with private equity firm Warburg Pincus to buy the stake in Haier Appliances (India) for about $2 billion, the people said, asking not to be identified. A deal could be signed in a few weeks, pending approvals, the people said.
Esta historia es de la edición May 10, 2025 de Financial Express Kochi.
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