Bharti to amass about 24.5% stake in BT Group from Altice UK; deal estimated at $4 billion
Bharti International, the worldwide funding arm of Bharti Enterprises, will purchase about 24.5 per cent stake in BT Group, Britain’s largest broadband and cellular firm, from Altice UK, a launch stated on Monday. Though it didn’t reveal the dimensions of the deal, market watchers say that at BT’s valuation of roughly $15 billion {dollars}, the … Read more