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MQGCD Macquarie Group Ltd

179.60
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Macquarie Group Ltd ASX:MQGCD Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 179.60 179.21 204.12 0.00 01:00:00

BT Group in Talks to Sell Stake in Openreach -FT

15/05/2020 6:38am

Dow Jones News


Macquarie (ASX:MQGCD)
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From May 2019 to May 2024

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--U.K. telecommunications company BT Group PLC is in talks to sell a stake in its infrastructure arm Openreach to potential buyers that include Australian bank Macquarie and a sovereign wealth fund, the Financial Times reports, citing unnamed sources.

--The deal could value Openreach at about 20 billion pounds ($24.42 billion), which is nearly double the current market capitalization of BT as a whole, and help the company fund plans to upgrade its broadband network, the FT reports.

 

Full story: https://on.ft.com/3bzpRro

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

May 15, 2020 01:23 ET (05:23 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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