In role reversal, Bharti acquire 24.5% of iconic BT in $4 billion deal
Monday, 12 August 2024 ()
Bharti Global announced the acquisition of a 24.5% stake in BT Group plc from Altice UK, making it the largest shareholder. Bharti had already acquired 9.9% of BT. The move aligns with Bharti's strategy of investing in developed markets and enhancing India-UK business ties, subject to regulatory approvals and security clearance.
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