BT completes sale of Tech Mahindra stake

Telecommunications titan BT has completed the sale of a 14.1 per cent stake in Tech Mahindra to institutional investors, leaving the company with a 9.1 per cent holding.

Telecommunications titan BT has completed the sale of a 14.1 per cent stake in Tech Mahindra to institutional investors, leaving the company with a 9.1 per cent holding.

The sale was made for £158.6m, which is expected to be treated as an income statement specific item in the company's next financial results.

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