Bt Takeover News

Is BT the next British company in line for a takeover?

Is BT the next British company in line for a takeover?
Altice, the telecoms group controlled by the billionaire Patrick Drahi, made an unexpected £2.2bn share swoopin June to take a 12.1% stake in BT. After the move Drahi, who has said he is supportive of management and their strategy and is not seeking to take control of BT, has been subject to a six-month no-bid cl… See more

BT takeover could be back on after govt waves through …

BT takeover could be back on after govt waves through …
Aug 23, 2022 · Patrick Drahi of Altice (REUTERS) THE chances of a £20 billion takeover of BT by French billionaire Patrick Drahi grew today when the government waved away security …

BT Readies Itself for Takeover Bids as Crozier Arrives as …

Category: newspaper

BT Readies Itself for Takeover Bids as Crozier Arrives as …
Dec 01, 2021 · The Mail on Sunday newspaper reported private equity firms’ valuations of BT’s infrastructure unit Openreach alone had reached 40 billion pounds ($53 billion), more than …

BT prepares to face any multi-billion takeover attempt

Category: newspaper

BT prepares to face any multi-billion takeover attempt
Aug 24, 2020 · BT is reportedly reviewing its strategy to deal with a hostile takeover following reports that potential suitors are eyeing up a bid following the decline of the firm’s share price.

Government should use its new powers to block a BT …

Government should use its new powers to block a BT …
Dec 14, 2021 · It is hard to see what a takeover of BT by Drahi would add. Altice has helped to build broadband networks in the US, France and Portugal but control from overseas by a …

BT takeover could be back on after govt waves through …

BT takeover could be back on after govt waves through …
Aug 23, 2022 · THE chances of a £20 billion takeover of BT by French billionaire Patrick Drahi grew today when the government waved away security concerns and said it would take “no …

Deutsche Telekom Boss Renews Speculation of UK BT …

Deutsche Telekom Boss Renews Speculation of UK BT …
The boss of German telecoms giant Deutsche Telekom (DT), Tim Hoettges, has renewed long-running speculation over their reported desire to gobble the BT Group by hinting that “ …

Are BT shares about to take off? | The Motley Fool UK

Category: news

Are BT shares about to take off? | The Motley Fool UK
Mar 07, 2022 · The news that attracted the biggest attention, however, was billionaire Patrick Drahi’s actions in December 2021. The Frenchman, who controls Altice, increased his stake in

Billionaire Patrick Drahi allowed to keep BT stake after …

Billionaire Patrick Drahi allowed to keep BT stake after …
Aug 23, 2022 · Drahi bought 12.1% of BT last year before his investment group Altice increased its holding to 18% at a cost of about £2.2bn. BT’s share price rose by 1.8% on Tuesday …

Drahi returns to BT spotlight amid fresh takeover speculation

Drahi returns to BT spotlight amid fresh takeover speculation
Jun 13, 2022 · Patrick Drahi returned to the spotlight ahead of the expiration of his self-imposed BT takeover ban on Tuesday. The French billionaire increased his stake to 18% last …

Billionaire closer to BT takeover after moves to increase stake

Billionaire closer to BT takeover after moves to increase stake
Dec 14, 2021 · BT Billionaire closer to BT takeover after moves to increase stake Analysis: increased control of British telecoms group means Patrick Drahi is one step away from …

Billionaire's Altice group buys 12% BT stake in support of fibre …

Billionaire's Altice group buys 12% BT stake in support of fibre …
Jun 10, 2021 · June 10 (Reuters) - Telecoms billionaire Patrick Drahi has bought a 12.1% stake worth about 2.2 billion pounds ($3.1 billion) in BT Group (BT.L), backing its ambition to build a …

BT takeover talk swirls as billionaire ups stake - Yahoo! News

BT takeover talk swirls as billionaire ups stake - Yahoo! News
Dec 14, 2021 · BT has long been seen as vulnerable to a takeover, with its shares down 65% from their 2015 highs. The former state monopoly has now hired specialist advisers to help it fend off …

BT unveils plans to make EE its consumer-facing brand

BT unveils plans to make EE its consumer-facing brand
Apr 27, 2022 · BT unveils plans to make EE its consumer-facing brand British telecommunications giant says BT brand will now take back seat as it makes EE its flagship BT plans to put EE …

BT takeover cannot be ruled out after no action on Altice move

BT takeover cannot be ruled out after no action on Altice move
Aug 23, 2022 · August 23, 2022 12:41 PM After the UK government announced it would take no further action on Altice’s increased BT stake, a full takeover cannot be ruled out. That is the …

BT shares jump as it prepares defence against £15bn ... - Sky News

BT shares jump as it prepares defence against £15bn ... - Sky News
Aug 24, 2020 · Shares in BT have jumped after Sky News revealed that the telecoms giant's board was preparing to defend it against a potential £15bn takeover bid. The stock climbed by …

Bt (BT.A) takeover rumours | ADVFN

Category: News

Bt (BT.A) takeover rumours | ADVFN
13-06-2022. (Sharecast News) - Kwasi Kwarteng, the Business Secretary, may be set to stop billionaire Patrick Drahi from taking over BT through new national security laws and from …

Fears BT could be next ‘UK for sale’ victim as faceoff with investor ...

Category: News

Fears BT could be next ‘UK for sale’ victim as faceoff with investor ...
Nov 29, 2021 · The government has ordered investigations into deals including the $54bn (£40.6bn) takeover of the Cambridge-based chip designer Arm by its US rival Nvidia. From …

FAQ?

Could BT be taken over by French billionaire Patrick Drahi?

THE chances of a £20 billion takeover of BT by French billionaire Patrick Drahi grew today when the government waved away security concerns and said it would take “no further action” over his 18% stake. Drahi’s Altice group took a 12% stake in the telecom giant a while ago, and has increased it since.

Is BT prepared for a takeover offer?

Moreover, despite expressing public support for the BT board, Drahi has reportedly pushed the UK incumbent’s top brass to accelerate fibre rollout, suggesting some frustration with management. According to unnamed sources cited by Bloomberg, BT’s board is preparing for the possibility of a takeover offer at some point. The Deutsche Telekom factor

Should bt be taken over by Drahi?

It is hard to see what a takeover of BT by Drahi would add. Altice has helped to build broadband networks in the US, France and Portugal but control from overseas by a heavily borrowed private company is not what BT needs. The UK company is not on its knees like Telecom Italia, which may be about to succumb to a private equity takeover.

Could BT be sold for £15 billion?

Sky News says private equity firms believe a deal can be done for £15 billion and are investigating a joint-bid. Deutsche Telekom has also been touted as a potential suitor due to the 12% stake it acquired in BT through the sale of EE in 2016.

Popular Search

Recent Search

Top Search