BT Group May Sell Tech Mahindra Stake After Satyam Merger, Line Reports
BT Group Plc may wait for Tech Mahindra Ltd. to merge with Mahindra Satyam Ltd. before BT sells its stake in Tech Mahindra, the Hindu Business Line reported, citing people it didn’t identify.
BT, the largest U.K. fixed-line phone company, owns about a 30 percent stake in Pune, India-based Tech Mahindra, according to data compiled by Bloomberg.
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