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BT May Sell Half of Its 24.49% Stake in Tech Mahindra, WSJ Says

Feb. 16 (Bloomberg) -- BT Group Plc may sell about half of its 24.49 percent stake in Tech Mahindra Ltd., an Indian software company, this year, the Wall Street Journal reported, citing an unidentified person familiar with the matter.

Tech Mahindra is a joint venture between Mahindra & Mahindra Ltd. and BT, the newspaper said.

The Journal said its informant declined to identify any potential buyers of the stake.

Story link: {NSN LGPI6N6L8CU8<GO>}

To contact the editor responsible for this story: Alan Purkiss at apurkiss@bloomberg.net

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