Acquirer Bharti Airtel Limited

Seller Mobile Telecommunication company KSC

Target Zain Africa International BV
Mode of acquisition Security (Share) Sale
Consideration USD 10.7 billion
Mode of Payment
All cash deal
Bharti Airtel to pay:
a. USD 8.3 billion within 3 months from
the date of closing the deal.
b. USD 700 million after one year from
the date of closing of the deal.
c. USD 1.7billion assumed as debt on the
books of Zain.
Funding
Leveraged Buy-out
a) Bharti Airtel to borrow USD 7.5 billion
from a consortium of banks led by
Standard Chartered Bank and Barclays
Bank.
b) b) Bharti Airtel to avail of a rupee loan of
USD 1 billion equivalent from SBI Group

Bharti Zain
Total Revenues $ 6.32 Billion 6.17 Billion
Net Income $ 1.67 Million (37 Million )
Customer Base 125.30 Million 71.80 Million
Global Presence 5 countries 24 Countries