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Bharti Buys Stake in BT From Patrick Drahi’s Troubled Altice

DeFi Daily News by DeFi Daily News
August 12, 2024
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Bharti Buys Stake in BT From Patrick Drahi’s Troubled Altice
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Bharti Global, founded by billionaire Sunil Bharti Mittal, has agreed to buy a major stake in BT from shareholder Altice UK, part of Patrick Drahi’s troubled telecommunications empire, a deal that will bolster the Indian company’s international expansion while giving the British carrier more investor stability. Bloomberg’s PR Sanjai reports.
Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. https://bloom.bg/3UZVwuJ
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Tags: AlticeAltice SABhartiBharti Airtel Ltd.Bharti EnterprisesBT Group PLCbuysDrahisFranceIndiaM&AMergers & AcquisitionsP R SanjaiPatrickPatrick DrahiSharesstakestocksSunil Bharti MittalTelecomtelecommunicationTroubledUK
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