Sunday, 24 June 2018

BT unveils £1bn placing to help fund EE takeover

By Total Telecom staff
Thursday 12 February 15

UK operator plans to use the proceeds for general corporate purposes if the acquisition does not complete.

BT on Thursday unveiled details of a £1 billion share placing that will be used to partly fund the company’s planned acquisition of UK mobile operator EE for £12.5 billion. The former incumbent said in a regulatory news announcement that the placing is being conducted through an underwritten accelerated bookbuilding process…

BT on Thursday unveiled details of a £1 billion share placing that will be used to partly fund the company’s planned acquisition of UK mobile operator EE for £12.5 billion. The former incumbent said in a regulatory news announcement that the placing is being conducted through an underwritten accelerated bookbuilding process…

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