Google, Berty Aateel to Up to $ 1 billion -expanded in India

Written By notebooktabletphone

(Bloomberg): Google is planning to invest up to $ 1 billion (about 115 billion yen) to the second -largest mobile phone business Berti Air even in India.Further advance to the country, the world's second largest mobile phone market.

According to the notification submitted to the stock exchange on the 28th, Google's parent company Alphabet is a barty stock 1.Acquires 28 % for $ 700 million.In addition, a maximum of $ 300 million will be paid for a multi -year business agreement plan.

India, which has the 3rd place of economic scale and about 1.4 billion in Asia, can bring attractive opportunities to Google, who competes for Apple in the world's basic software (OS) market.The company has previously invested in the digital division of the composite company Rilean Industries led by asset owners Mukesh Ambani.

The company's shares at a time, because this announcement included a plan to acquire barty stocks for 734 rupees (about 1130 yen) per share, about 4 % higher than the closing price of the 27th..6 % rose.

グーグル、バーティ・エアテルに最大10億ドル投資へ-インド進出拡大

Original title: Google WILL POUR $ 1 Billion in BHARTI AIRTEL TO BOOST INDIA PUSH

Google Invests $ 700 Million in Bharti Airtel to Boost India Push

(C) 2022 Bloomberg L.P.

P R Sanjai

最終更新:Bloomberg