Thursday, 20 January 2022

Undervalued BT bolsters defence as potential takeover attempt looms

by Harry Baldock, Total Telecom
Monday 24 August 20

The media are reporting that major private equity firms are mulling a joint bid to take over the entirety of BT Group as the telco struggles following some difficult years

BT’s share prices have taken a nose dive this year, plummeting 48% to just 101.8p at the end of last week. As a result, the company is more vulnerable than ever to a potential take over, leading the ex-incumbent operator to ask Goldman Sachs to update its defence strategy against such a bid, according to reports.   The past few years have clearly been a difficult time for BT…

BT’s share prices have taken a nose dive this year, plummeting 48% to just 101.8p at the end of last week. As a result, the company is more vulnerable than ever to a potential take over, leading the ex-incumbent operator to ask Goldman Sachs to update its defence strategy against such a bid, according to reports.   The past few years have clearly been a difficult time for BT…

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