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BT BT Group PLC

10.57
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
BT Group PLC NYSE:BT NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 10.57 0 01:00:00

BT Group in Talks to Buy U.K. Mobile Operator EE

15/12/2014 6:26pm

Dow Jones News


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LONDON-- BT Group PLC said it has entered exclusive talks to buy U.K. mobile operator EE for GBP12.5 billion ($19.6 billion) in cash and stock from Germany's Deutsche Telekom and France's Orange SA.

The period of exclusivity will last several weeks, BT said in a statement.

If a deal is reached, BT said Deutsche Telekom would end up with a 12% stake in BT and Orange would hold a 4% stake in BT.

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