Bharti Enterprises has emerged as the biggest single shareholder in BT.
The Indian multinational conglomerate, Bharti Enterprises, completed the acquisition of a significant stake in the UK telecommunications giant. This strategic move makes them BT's largest individual shareholder.
Details of the Stake Acquisition
- Shareholding Percentage: Bharti Enterprises holds a 24.5% stake in BT.
- Acquisition Process: The deal was initially announced in August, but required navigating various regulatory approvals before its finalization.
This acquisition solidifies Bharti Enterprises' position as a major player in the global telecommunications landscape through its substantial investment in BT.