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Bharti's acquisition of ₹34,500 crore stake in BT approved by UK
short by Mansi Agarwal / on Tuesday, 17 December, 2024
The UK government has approved Bharti Global's acquisition of a 24.5% stake in Britain's largest broadband firm BT Group for £3.2 billion (around ₹34,500 crore). Bharti Global, the investment arm of India's Bharti Enterprises, announced in August that it would buy the stake from BT's former top investor Patrick Drahi's Altice. The approval was given following a national security assessment.
read more at Reuters