Skip to main content
WHITE PAPER

British Telecom to sell Tech Mahindra Stake in Market

1 min read3 views
Sharefin

BT Group may reduce its 30% stake in India’s Tech Mahindra by selling shares through the stock market. The company may also seek to sell about 7% to Mahindra & Mahindra Ltd., which owns 42.8% of the Indian software services provider. Tech Mahindra has slumped 21% this year, valuing BT’s stake at about $668 million