Linklaters Advises Bharti Global on $4 Billion Stake Acquisition in BT Group

Linklaters is advising Bharti Global, the investment arm of Bharti Enterprises, on a $4 billion acquisition of a 24.5% stake in BT Group from French tycoon Patrick Drahi. Bharti is executing the purchase via an acquisition vehicle called Bharti Televentures U.K. from Drahi’s troubled telecommunications and cable group, Altice. Bharti is also applying for U.K. National Security and Investment Act clearance, which allows the British government to block the deal if it poses a national security threat. For more details, see the original article.