BTwatch

Defences up as Drahi increases BT stake

and 2021-12-14T13:52:00

btw331-tt-drahi-stake

Source: BT

Patrick Drahi’s Altice UK stops short of a takeover bid, but increases holding to 18%. UK government issues warning that it “will not hesitate” to protect national interests amid concerns of foreign investment in critical infrastructure incumbent. Takeover not Drahi’s ‘intention’, but caveats are in place.

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