UK approves Indian group Bharti's purchase of 24.5% stake in BT

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LONDON :The British government on Monday approved Indian group Bharti Global's purchase of a 24.5 per cent stake in London-listed BT, following a detailed national security assessment and assurances from the telecoms company.

The purchase of the shares, worth 3.

FILE PHOTO: Company's logo is displayed at British Telecom (BT) headquarters in London, Britain, November 15, 2019.

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Article Details

Category: EconomyBusiness

Markets: SingaporeIndia

Topics: Statement Group Government Purchase Indian Approves Company Security National Bharti

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 03:34:05 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24460379

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

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News Last Updated: 1 hours ago

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Publisher ID: #27

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