{"id":845172,"date":"2024-08-16T10:37:59","date_gmt":"2024-08-16T05:07:59","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=845172"},"modified":"2024-08-16T10:37:59","modified_gmt":"2024-08-16T05:07:59","slug":"bharti-raises-usd-1-8-billion-from-barclays-for-bt-stake-buy","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/16\/bharti-raises-usd-1-8-billion-from-barclays-for-bt-stake-buy\/","title":{"rendered":"Bharti raises USD 1.8 billion from Barclays for BT stake buy"},"content":{"rendered":"<p>Bharti Group has raised about $1.8 billion from Barclays for its proposed acquisition of a 24.5% stake in the UK\u2019s BT Group, according to people familiar with the development. A clutch of international banks may look to provide additional funding depending on the group\u2019s requirement for more debt for the deal, they said.<\/p>\n<p>The acquisition of 9.99% stake in BT via open market trade is being made by Bharti Global, the international arm of Bharti Enterprises, through Bharti Televentures. The remaining 14.51% will be bought after it gets regulatory clearances.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharti Group has raised about $1.8 billion from Barclays for its proposed acquisition of a 24.5% stake in the UK\u2019s BT Group, according to people familiar with the development. A clutch of international banks may look to provide additional funding depending on the group\u2019s requirement for more debt for the deal, they said. The acquisition of 9.99% stake in BT via open market trade is being made by Bharti Global, the international arm of Bharti Enterprises, through Bharti Televentures. The remaining 14.51% will be bought after it gets regulatory clearances.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-845172","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/845172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=845172"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/845172\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=845172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=845172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=845172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}