DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
India's - 1 Patrick Drahi - 1 Bharti - 1 Drahi - 1 Carlos Slim - 1 Allison Kirkby - 1 Kirkby - 1
Top related locs:
Abu Dhabi
Top related orgs:
India's Bharti Enterprises - 1 BT - 1 UK National Security and Investment - 1 Bharti Global - 1 BT Group - 1

Search resuls for: "UK National Security and Investment"


2 mentions found


☆ India's Bharti to buy Drahi's stake in BT, worth $4 billion
  + stars: | 2024-08-12 | by ( ) www.cnbc.com   time to read: +2 min
India's Bharti Enterprises said it would acquire a 24.5% stake in BT , worth about 3.2 billion pounds ($4 billion), buying out the British company's top investor, telecoms tycoon Patrick Drahi, as his Altice group struggles with high debts. The Indian company said it would buy an initial 9.99% stake before seeking to add the remaining 14.51% following regulatory approvals. Bharti said it supported BT's executive team and strategy as the group pushed forward with an "ambitious" transformation programme to deliver long-term sustainable growth. BT's shares have risen by 24% in the last six months as the fruits of its long-term investment plan to build the country's fibre network start to materialise. "This scale of investment from Bharti Global is a great vote of confidence in the future of BT Group and our strategy," Kirkby said in a statement following the investment.
Persons: India's, Patrick Drahi, Bharti, Drahi, Carlos Slim, Allison Kirkby, Kirkby Organizations: India's Bharti Enterprises, BT, UK National Security and Investment, Bharti Global, BT Group Locations: Abu Dhabi
☆ Nexperia and Elmos cases show how the US-China chip war is spilling over to Europe
  + stars: | 2022-11-25 | by ( Michelle Toh | ) edition.cnn.com   time to read: +10 min
Last week, the new owner of Britain’s biggest chipmaker was ordered to unwind its takeover, just days after another chip factory sale was blocked in Germany. “These decisions mark a shift towards tougher stances regarding Chinese investment in critical industries in Europe,” said Xiaomeng Lu, director of geo‑technology at Eurasia Group. A worker in a clean room for silicon semiconductor wafer manufacturing at the Newport Wafer Fab, owned by Nexperia, in Newport, Wales on Aug. 18. A company sign of Elmos Semiconductor, seen on Nov. 9 in the German city of Dortmund. Both Britain and Germany have recently added rules that expand government oversight over such decisions, making outcomes harder to predict.
0 next >>
Total: 2