Reliance Industries is exploring a bid for UK telecoms group BT, formerly British Telecom, The Economic Times reported, citing several sources aware of the matter.
Talks of a possible deal come two months after the conglomerate was outbid by a private equity consortium of Apax Partners and Warburg Pincus for T-Mobile’s Dutch unit, the report said.
Read the full report: Economic Times
Reliance Shelves Aramco Deal Amid Shift To Renewable Energy
India’s Reliance Industries Exits US Shale Gas: BS
India’s Reliance Sets Up Subsidiary in United Arab Emirates for Trading Oil