BT faces large inquiry after Indian billionaire purchases portion

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BT Group, the British telecommunications company, has announced a major change in its shareholder structure. Indian billionaire Sunil Bharti Mittal, through his conglomerate Bharti Enterprises, has bought the 24.5% stake in BT previously owned by French billionaire Patrick Drahi. Mr. Drahi, who is the owner of France’s second biggest telecoms company Altice, first acquired a 12.1% stake in BT in…

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