May 14, 2020 / 7:19 PM / 19 days ago

Macquarie has not expressed interest in BT's Openreach: source

FILE PHOTO: A pedestrian walks past the logo of Australia's biggest investment bank Macquarie Group Ltd which adorns a wall on the outside of their Sydney office headquarters in central Sydney, Australia, July 18, 2017. Picture taken July 18, 2017. REUTERS/David Gray

LONDON (Reuters) - Australia’s Macquarie Group (MQG.AX) has not expressed interest in BT’s (BT.L) Openreach unit and is not in talks with BT’s management, a source close to the investment firm told Reuters.

The Financial Times said on Thursday BT was in talks to sell a multibillion pound stake in its network business, and named Macquarie as a potential buyer.

Reporting by Pamela Barbaglia; Writing by Paul Sandle; Editing by Sandra Maler

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below