BT Group Acquires Talktalk And Platformx

By Reuters News

Oct 5 (Reuters) - BT Group PLC BT.L:

  • BT GROUP PLC - BT GROUP HAS ACQUIRED TALKTALK AND PLATFORMX

  • BT - BUYS TALKTALK AND PLATFORMX OUT OF ADMINISTRATION TO PROTECT SERVICE FOR 2.5 MILLION CUSTOMERS

  • BT - REGULATORY REVIEW OF DEAL EXPECTED IN COMING WEEKS

  • BT - RECONFIRMS FY27 AND MULTI-YEAR FINANCIAL OUTLOOK EXCLUDING EFFECTS OF DEAL

  • BT - ESTIMATED TOTAL CASH IMPACT IN FY27 IS ABOUT £400 MILLION

  • BT - MARTIJN BLANKEN APPOINTED CEO OF BT INTERNATIONAL AND CEO-DESIGNATE OF JOINT VENTURE WITH VERIZON

  • BT: PENDING REGULATORY REVIEW TALKTALK AND BT WILL OPERATE SEPARATELY AND CONTINUE TO COMPETE

  • BT: ACQUISITION WILL BECOME VALUE ACCRETIVE AS BUSINESS IS STABILISED AND SYNERGIES ARE REALISED

Further company coverage: BT.L

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