Posts tagged: BT Group

Saudi Telecom Company said to be sniffing around Drahi's stake in BT Group, reports The Times

Thursday, 21 December 2023, 9:18 am

Dominic "Dom" Walsh, veteran business hack on The Times, began his market report with an intriguing line about how the Saudi Telecom Company is circling BT Group, the FTSE 100-listed telecoms giant.

According to Dom's report, the Saudi Telecom Company may be talking to Patrick Drahi about buying some or all of his shareholding in BT Group following a period in which the Switzerland-based telecoms billionaire has been accumulating a 25pc stake...

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Brummer on BT Group

Friday, 3 November 2023, 11:38 am

Veteran City columnist Alex Brummer has this morning dedicated most of his column in the Daily Mail to the BT Group bid rumour that been circulating the London market for the last four years (at least)...

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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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