Posts tagged: BT Group

Reliance Industries said to eye £15 billion plus bid for BT Group, reports India's Economic Times

Monday, 29 November 2021, 10:01 am

There is a big buzz around BT Group this morming amid reports from India claiming that Reliance Industries is weighing a multi-billion pound bid for the ailing telecommunications company.

According to The Economic Times, Reliance - which is controlled by Mukesh Ambani, supposedly Asia's "richest man" - is considering making an offer for the whole of BT Group, which recently saw French billionaire Patrick Drahi come onto the register with a large shareholding...

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Sunday review: Vodafone, BT Group and IAG ...

Sunday, 14 November 2021, 3:12 pm

There were quite a few articles that caught Betaville's in the Sunday newspaper business sections this week.

Indeed, one of the most interesting pieces was an on the record, set piece interview by Jim "Armo" Armitage, The Sunday Times business editor, with Nick Read, chief executive of Vodafone...

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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:..

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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...

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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...

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