BHARTI GLOBAL, the international investment arm of Bharti Enterprises, will purchase 24.5% stake in British Telecom Group, the UK’s largest mobile and broadband services provider, for an undisclosed amount. The shares will be acquired via Bharti Televentures UK Ltd, a wholly-owned subsidiary of Bharti Global.
It has entered a binding agreement with Altice UK to acquire 9.99% stake in BT Group’s issued capital immediately, with the remaining 14.51% stake to be acquired after receiving regulatory clearances. The news of stake sale saw British Telecom shares zooming 7% to 140 pound a piece. Bharti Airtel share prices on Monday closed at ? 1,463.4, down 70 paise from the previous close.
この記事は The Morning Standard の August 13, 2024 版に掲載されています。
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この記事は The Morning Standard の August 13, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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