Linklaters advises Bharti Global on its proposed acquisition of a c.24.5% stake in BT Group plc

Linklaters has advised its long-standing client Bharti Global, the international investment arm of Bharti Enterprises (a leading Indian business group with world-class companies in telecoms, digital infrastructure and space communications), on its acquisition of a c.24.5% interest in BT Group plc from Altice UK S à.r.l.

The Linklaters team was led by corporate M&A partners Sushil Jacob and Namrata Shah and M&A managing associate Mackenzie Hewett. Amit Singh, Head of the India Practice, was also involved in coordinating the various aspects of the transaction.

They were supported on this transaction by members of Linklaters’ antitrust and foreign investment team (led by Natura Gracia and Mark Daniel), as well as partners Doug Shaw and Deepak Sitlani from Linklaters’ derivatives and structured products team.

A team from Linklaters Singapore led by Rahul Chatterji and Douglas Doherty advised on the financing for this transaction.

Amit Singh (Linklaters Head of India Group) said:

“We are delighted to have advised Bharti Global on this landmark transaction for them. The deal showcases Linklaters’ ability to deliver a seamless cross-practice and cross-geography service on a deal of such importance for our client. The team was able to draw on Linklaters’ technical expertise across various practice areas and provide Bharti Global with a full-service offering that helped them meet their commercial needs.”

For more details, please see: here.