Bharti Airtel announced that it will acquire a Warburg Pincus affiliate’s 20% equity stake in its DTH arm Bharti Telemedia for about Rs 3,126cr. It will be paid primarily via issuance of around 36.47 million equity shares of Airtel at a price of INR 600 per share, and up to Rs 10,378 million in cash. The issuance of shares through preferential allotment is subject to shareholders’ approval.