Private Equity Rumors in Europe’s Telco Bargain

Reliance Industries, the Indian group led by billionaire Mukesh Ambani, denied a report that it was weighing an offer for BT Group Plc on Monday, but the British telecommunications company remained the top subject. after the Mail on Sunday said private equity pursuers were weighing the numbers. on a possible bid for its Openreach broadband unit. Billionaire telecom entrepreneur Patrick Drahi amassed a 12% stake in BT earlier this year. Private Equity Rumors in Europe’s Telco Bargain


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