BT Group Plc completed the sale of its 9.1% holding in Tech Mahindra, bringing to an end an association of over 26 years. BT and Mahindra & Mahindra had entered into a joint venture in 1986 to create Tech Mahindra. While Credit Suisse (Singapore) has bought 390,000 shares in Tech Mahindra from BT, Birla Mutual Fund has bought 120,000 and HDFC Life 160,000. Some of the other investors who bought the shares sold by BT include Prudential Mutual fund (1.4 million), Halbis (5.7 million), Soros (120,000), SBI Mutual Fund (700,000), SBI Life (350,000) and Goldman Sachs (125,000).
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