Telecoms giant BT has completed the sale of its 9.1 per cent stake in Tech Mahindra to institutional investors.
The total gross cash proceeds from the sale are £115.7m, which is expected to be treated as an income statement specific item in the company's next financial results.
The share price fell 0.13% to 236.40p by 09:53.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
NR
-
Five things not to put in a willThere are many things to consider when writing a will. But what about things NOT to put in a will? We spoke to legal experts who told us about what you should leave out of a will.
-
Autumn Statement: Households still face an extra £4,000 tax bill despite NI cuts
News Autumn Statement tax give-aways will be offset by fiscal drag, the Resolution Foundation warns
