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BT.A Bt Group Plc

103.85
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bt Group Plc LSE:BT.A London Ordinary Share GB0030913577 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 103.85 103.80 103.90 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 20.92B 1.91B 0.1916 5.42 10.33B

Reliance Industries Denies BT Group Bid Intent

29/11/2021 11:16am

Dow Jones News


Bt (LSE:BT.A)
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From May 2021 to May 2024

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   By Ian Walker 
 

India's Reliance Industries Ltd. on Monday denied that it was considering a bid for U.K. telecom group BT Group PLC.

Responding to a report in The Economic Times, Reliance said that it "categorically" denied any intent to make a bid for BT and that the article was "completely speculative and baseless."

Shares in BT rose as much as 9.5% in early trade. They are currently up 8.80 pence, or 5.7%, at 162.80 pence having peaked at 168.60 pence earlier in the session.

The Economic Times reported earlier Monday that Reliance was weighing a bid for BT, citing unnamed sources.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

November 29, 2021 06:01 ET (11:01 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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