BT Brings in Advisors to Plan Deutsche Telekom Defense -Mail on Sunday
January 07 2019 - 3:42AM
Dow Jones News
-- BT Group has brought in corporate advisors to help plan a
defense against a potential takeover approach from Deutsche
Telekom, reports the Mail on Sunday newspaper, citing unidentified
sources.
-- BT is working with merger-advice firm Robey Warshaw, and
bankers from Goldman Sachs, ahead of the expiry of a standstill
agreement that prevents Deutsche Telekom from increasing its
holding in the British company, which is set to end on Jan. 29,
according to the MoS.
-- BT declined to comment to the MoS.
Full story: https://dailym.ai/2AuCxQA
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(END) Dow Jones Newswires
January 07, 2019 03:27 ET (08:27 GMT)
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