Posts tagged: BT Group

Drahi's Altice buys 12.1pc stake in BT Group - Part 2

Friday, 11 June 2021, 11:14 am

If you were wondering how Patrick Drahi's Altice managed to suddenly turn up with a 12.1pc stake in BT Group then you should read Alistair Osborne's column in today's business section of The Times.

According to Alistair's piece, Drahi's advisers at Morgan Stanley and BNP Paribas bought most of the stock on their own accounts in small batches via derivatives and then handed it over to Drahi's sub-3pc holding. Below is the link to the full column:..


Drahi's Altice buys 12.1pc stake in BT Group

Thursday, 10 June 2021, 7:25 am

Patrick Drahi, the French telecoms billionaire, has finally revealed his hand regarding his interest in BT Group.

This morning Altice, the telecoms company controlled by Drahi, has revealed it has bought a 12.1pc in the London-listed telecoms giant.

Now, for loyal followers of my work news of Drahi's interest may not come as too much of a surprise...


The telecoms giant, the bust up and the (potential) deal...

Monday, 8 March 2021, 10:28 pm

Betaville has been watching the goings on at BT Group with interest.

For readers unfamiliar with the situation, the company recently announced Jan Du Plessis, the chairman, was planning to retire but that announcement was swiftly followed up by a scoop from the Kleinmanator of Sky News about how Philip Jansen, BT's chief executive, gave boardroom colleagues an ultimatum over his own future that led to the departure...


Sunday review: BT Group and, er, that's it...

Sunday, 11 October 2020, 8:25 pm

There weren't too many public company deal stories that caught Betaville's eye this weekend but The Sunday Times interview chief executive stood out like a sore thumb.

Philip Jansen, the new (ish) boss of BT Group, offered himself up to Oliver "Shahsy" Shah and John "The Ridge" Collingridge, senior business hacks at The Sunday Times for a grilling. Below is the link if you didn't read it:..


Tags: BT Group
Betaville Intelligence

UNCOOKED ALERT: BT Group said to... - Part 3

Saturday, 22 August 2020, 1:50 pm

Mark, the "Kleinmanator", Kleinman of Sky News has gone for a Saturday afternoon wind up with a story about BT Group hiring Goldman Sachs and, maybe, Robey Warshaw to work on a defence ahead of a £15 billion takeover approach. Below is the link:


Betaville Intelligence

UNCOOKED ALERT: BT Group said to... - Part 2

Tuesday, 28 July 2020, 2:43 pm

The mystery bidder circling BT Group's £20 billion Openreach division is rumoured to be working with investment banking advisers from JP Morgan on a potential approach.

Last week Betaville Intelligence revealed the FTSE 100-listed telecoms company is said to have drawn serious takeover interest in its Openreach division from a new suitor...


Tags: BT Group

BT Group in talks with Macquarie and others about selling stake in Openreach, reports FT - Part 4

Monday, 22 June 2020, 5:44 pm

Does anybody else think yesterday's business splash in the The Sunday Telegraph about the Public Investment Fund accumulating a sizeable shareholding in BT Group is connected to the FT's scoop last month about Macquarie holding talks with the FTSE 100-listed telecoms giant about buying a stake in Openreach?..


BT Group in talks with Macquarie and others about selling stake in Openreach, reports FT - Part 3

Tuesday, 19 May 2020, 6:29 am

The financial commentariat really did get their knickers in a twist about last week's FT scoop about BT Group holding talks with infrastructure investors about a sale of a stake in Openreach.

But I have done a bit preliminary poking around and it would seem there is one very important question: why was the "denial" issued by Clive Selley, the boss of Openreach, through a memo to employees rather the company's chief executive via an RNS?..


Tags: BT Group

BT Group in talks with Macquarie and others about selling stake in Openreach, reports FT - Part 2

Friday, 15 May 2020, 10:00 am

Last night's scoop from the FT about BT selling Opeanreach to Macquarie is getting a serious poo-pooing this morning from analysts, hacks and spinners.

Indeed, Jim "Armo" Armitage, City editor of the Evening Standard, pisses on the story from a high height. Below is a link to his column and a follow up "EXCLUSIVE" containing a "denial" in a leaked memo to Opeanreach staff:..


Sunday review on a Monday: BT Group, Phoenix Group and Thomas Cook

Monday, 15 July 2019, 8:49 am

John McDonnell, the shadow chancellor, appreared to definitively rule out any potential re-nationalisation of BT Group in yesterday's The Sunday Times following reports from Yahoo Finance a couple of weeks ago that Labour was looking at the possibility of taking the telecoms giant back into public ownership.

Below is the link to Oliver Shah and John Collingridge's fascinating piece in yesterday's business sections:..


Sunday review - United Utilities et al, Shell and BT Group

Sunday, 5 May 2019, 7:20 pm

Hat tip to John "The Ridge" Collingridge, deputy City editor of The Sunday Times, for landing a cracking tale in today's The Sunday Times about Labour's plans to take private/renationalise the country's water companies at a discount.

I can't imagine investors in London's listed water companies (United Utlities, Pennon Group and Severn Trent) are too happy about that! Below is a link to John's scoop:..