(Reuters) - India's Reliance Industries Ltd is considering an offer for British telecom company BT Group Plc, the Economic Times reported on Monday, citing sources familiar with the matter. Billionaire Mukesh Ambani's Reliance might make an unsolicited offer to buy into BT Group or will try to get a controlling share in it, the report said. Reliance was outbid in September by a consortium of Apax and Warburg Pincus for control over a Dutch unit of T-Mobile. The ET report also said the deliberations were in the early stages and there might not be a transaction. (Reporting by Nishit Jogi in Bengaluru; Editing by Devika Syamnath)
Source: Economic Times November 29, 2021 03:01 UTC