LONDON MARKET OPEN: Stocks resume slide as Omicron optimism flounders
LONDON MARKET OPEN: Stocks resume slide as Omicron optimism flounders
Read moreLONDON MARKET OPEN: Stocks resume slide as Omicron optimism flounders
Read moreTOP NEWS: Reliance Industries denies report of plan to bid for BT
Read moreLONDON MARKET CLOSE: Stocks attempt to rebound from Omicron rout
Read moreLONDON MARKET MIDDAY: FTSE 100 bounces 80 points as Omicron fears ease
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Read more(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Carnival, Wizz Air regain ground* Amigo slumps on plans for equity raise* FTSE 100 up 0.9%, FTSE 250 adds 1.0% (Updates to close)By Bansar...
Read more(Adds Reliance statement)LONDON, Nov 29 (Reuters) - Shares in BT jumped as much as 9% on Monday before sliding back, after India's Reliance Industries denied a media report it was weighing a bid for the British telecoms group.The Economic Times sa...
Read more(Adds background, updates shares)LONDON, Nov 29 (Reuters) - Shares in BT jumped as much as 9% on Monday after India's Economic Times said Reliance Industries was weighing a bid for the British telecoms group.Billionaire Mukesh Ambani's Reliance mi...
Read morePRESS: Reliance Industries weighing up bid for BT - Economic Times
Read moreLONDON MARKET OPEN: FTSE 100 rebounds but Omicron uncertainty lingers
Read moreLONDON, Nov 29 (Reuters) - Shares in BT jumped 9% on Monday after a report in India's Economic Times said Reliance Industries was weighing a bid for the British telecoms group. (Reporting by Paul Sandle; Editing by Kate Holton)
Read more(Sharecast News) - India's Reliance Industries has refuted a report it is considering making an offer for London-listed BT Group.
Read more(Sharecast News) - Potential suitors including private equity outfits CVC and Apax, and infrastructure investors including Brookfield and Macquarie, have conducted fresh analyses to determine the value of BT's Openreach unit, which owns the infrastructure that connects most homes in the UK. The cable division might fetch £40bn. Franco-Israeli telecoms tycoon Patrick Drahi's Altice UK already owns a 12.1% stake in BT and from 11 December will be able to buy more shares. That would allow him to apply greater pressure on BT's board to sell a stake or even all of Openreach. A full takeover nevertheless is considered to be unlikely, due to the group's size, pension fund liabilities and potential political hurdles. - Financial Mail on Sunday
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