UPDATE 1-BT sells 14.1 percent stake in Tech Mahindra

Newswire

LONDON, Aug 30 (Reuters) - BT Group said on Thursday it had more than halved its stake in Tech Mahindra by selling 17.9 million shares, or 14.1 percent of the group's equity, for 158.6 million pounds ($251.04 million). The disposal leaves BT with a 9.1 percent stake in the provider of software and services to the global telecommunications industry, which it founded with Indian sports utility vehicle and tractor maker Mahindra and Mahindra in 1986. ...

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