Bharti Group seeks UK approval to increase its BT stake to 29.9%, avoiding a full takeover, sources reveal.
Indian conglomerate Bharti Enterprises is seeking to potentially increase its stake in BT
to just under the threshold that would require it to make a full
takeover offer for the British telecoms group, three people
familiar with the matter said.Led by billionaire founder, Sunil Bharti Mittal, the group
is looking to secure UK government approval required for it to
British insurer Prudential to buy 75% in Bharti Life for Rs 3,500 crore
Indian telecom major Bharti Airtel is doubling down on overseas businesses
Prudential to acquire 75% stake in Bharti’s insurance business
Prudential plc to acquire majority stake in Bharti Life Insurance for Rs 3500 cr
Prudential to buy 75% in Bharti Life; Rs 3.5k-crore deal to help firm deploy wider product suite across channels
Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore
Prudential to buy 75% in Bharti Axa; Rs 3.5k-cr deal to help firm deploy wider product suite across channels
BT loses more than 200,000 broadband customers
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