UK will block Indian billionaire Mittal raising BT stake, FT reports

UK to block Indian billionaire Sunil Mittal from raising BT stake

The British government will oppose any attempt ​from Indian billionaire Sunil Bharti Mittal ‌to increase his stake in telecoms group BT

UK Government to Reportedly Oppose Indian Shareholder Boosting BT Group Stake

The UK government will reportedly block BT Group's Indian shareholder, Sunil Bharti Mittal, from increasing his ownership in the telecommunications giant. The move is intended to limit Mittal's...

UK will block Sunil Bharti Mittal's bid to raise stake in BT, says report

A Bharti spokesman had said the company is pleased with its current 24.95% shareholding and 'currently has no plans to increase its stake.'

UK to resist Indian billionaire Sunil Mittal from increasing stake in telecom giant BT: Report

The UK government is reportedly set to oppose any move by Indian billionaire Sunil Bharti Mittal to increase his stake in BT, citing national security concerns and the need to retain sovereign control over critical telecom infrastructure.

UK will block Indian billionaire Mittal raising BT stake

KUALA LUMPUR: The British government will oppose any attempt from Indian billionaire Sunil Bharti Mittal to increase his stake in telecoms group BT, citing the need to maintain sovereign control over "critical national infrastructure", the Financial Times reported on Thursday, citing people familiar with the matter.

UK may block billionaire Sunil Bharti Mittal from raising stake in telecom giant BT: Report

The UK government is set to block any move by Indian billionaire Sunil Bharti Mittal to increase his stake in telecom giant BT beyond 25%. Officials cite the need to maintain sovereign control over critical national infrastructure, emphasizing this is not personal but a matter of national resilience.