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India’s Bharti Agrees to Buy 24.5% of Carrier BT From Altice

India’s Bharti Agrees to Buy 24.5% of Carrier BT From Altice

Bharti Global has agreed to buy about 24.5% of BT Group Plc, a deal to invest in a $17 billion British carrier that will accelerate an expansion overseas.Bharti, an affiliate of Indian conglomerate Bharti Enterprises, is buying stock from shareholder Altice UK, it said in a statement. The Indian firm said it has no intention of offering to buy out the rest of BT. Source link lol
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