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* Drahi ups stake in BT to 18%* Drahi says does not intend to make bid for BT* UK says will act if required to defend critical assets* BT says to serve all shareholders (Adds further details)By Paul Sandle and Kate HoltonLONDON, Dec 14 (Reuters) - P...
Read more* Drahi lifts stake in BT to 18%* Drahi says does not intend to make bid for BT* UK says will act if required to defend critical assets* BT says to serve all shareholders* BT shares down 7.5% (Adds further details, background on UK takeover law)By P...
Read more* Drahi lifts stake in BT to 18%* Drahi says does not intend to make bid for BT* UK says will act if required to defend critical assets* BT says to serve all shareholders* BT shares down 4% (Adds details)By Paul Sandle and Kate HoltonLONDON, Dec 14 ...
Read more(Adds quote, background)LONDON, Dec 14 (Reuters) - Franco-Israeli telecoms entrepreneur Patrick Drahi said on Tuesday he had increased his stake in Britain's BT to 18%, but added that he did not intend to launch a takeover.Drahi, BT's biggest shar...
Read moreLONDON, Dec 14 (Reuters) - Franco-Israeli telecoms entrepreneur Patrick Drahi said on Tuesday he had increased his stake in Britain's BT to 18%, but added that he did not intend to launch a takeover.(Reporting by Paul Sandle; Editing by Kate Holto...
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(Sharecast News) - Royal Mail's bosses have admitted that Covid-related disruptions are hampering normal service before Christmas. The company has apologised to customers, blaming the need for self-isolation, high levels of sick absence, resourcing or other local factors brought on by Covid. Last Wednesday a year-high of 32 delivery offices were being impacted and as of last night, 21 offices were still experiencing problems. However, several employees had blamed the delays on revisions to routes, although senior sources had denied that was the case. - Financial Mail on Sunday
Read moreBy Paul Sandle and Kate HoltonLONDON, Dec 10 (Reuters) - The biggest shareholder in Britain's BT, Franco-Israeli telecoms entrepreneur Patrick Drahi, will be free to make a takeover offer for the company from next week after a standstill agreement...
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LONDON MARKET CLOSE: Stocks fall and pound hurt amid Omicron worry
Read moreLONDON, Dec 8 (Reuters) - Britain will phase out its 2G and 3G mobile networks by 2033 to free up radio waves for 5G and eventually 6G services that will power technologies such as driverless vehicles, drones and virtual reality, it said on Wedne...
Read moreLONDON MARKET CLOSE: Airlines lift off as Omicron fears ease
Read morePRESS: Discovery Communications offers alternative route for BT Sport
Read more(Sharecast News) - US media group Discovery is reportedly in talks over a deal to partner with BT Sport, in a move that would hijack the British television network's £600m sale to sports streaming service DAZN.
Read more(Sharecast News) - Elliott Management has been building a stake in Taylor Wimpey, leading to speculation that a bid, possibly from a US-based suitor, might materialise for the construction company. In April, Elliott backed Berkeley DeVeer's takeover of Avant Homes and in November it took out short positions on shares of Bellway and Barratt. The size of the activist investor's stake was unknown. - Financial Mail on Sunday
Read moreLONDON BROKER RATINGS: SocGen upgrades Diageo; Barclays ups Dr Martens
Read moreLONDON BRIEFING: WHO warns against travel bans despite Omicron scare
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