Bharti Group acquire 24.5% stake in British Telecom: Other UK-based tech firms acquired by Indian companies

Sunil Bharti Mittal’s conglomerate has announced that it will buy a stake in BT Group for about $4 billion to become the single largest shareholder in Britain’s biggest broadband and mobile company. Bharti Global, the international investment arm of Bharti Enterprises, will buy a 9.99 per cent stake in BT Group from Patrick Drahi’s Altice immediately and purchase the remainder after it secures the necessary regulatory approvals, the company said in a statement.