Mexican billionaire Carlos Slim has acquired a 3% stake in Britain's BT Group, investing around $520 million. Slim's trust in the shares' potential growth may lead to a larger position if current shareholder Patrick Drahi decides to divest. However, Slim may not pursue a full bid for BT.
From @Breakingviews: Launching a full bid would be hard for Mexican billionaire Carlos Slim who has just spent around $520 million to acquire a 3% stake in the BT Group. However, @pierrebri says, he may soon have an opportunity to increase his stake https://t.co/2LZ7oXZbkC
From @Breakingviews: Carlos Slim has taken a 3% stake in the UK telecom group. His trust in the shares’ upside could lead to a bigger position if current shareholder Patrick Drahi wants to divest. @pierrebri argues the Mexican billionaire doesn’t need the headache of a full bid https://t.co/ptlJLXENGe
Carlos Slim has taken a 3% stake in BT. His trust in the shares’ upside could lead to a bigger position if current shareholder Patrick Drahi wants to divest. But the Mexican billionaire doesn’t need the headache of a full bid, argues @pierrebri. Watch 👉 https://t.co/Hc5GVwTRCm https://t.co/eplTP5y9HK
Carlos Slim takes 3% stake in Britain's BT https://t.co/Bgxc7aLAm3
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Carlos Slim: who is the Mexican billionaire who has invested £400m in BT? https://t.co/tTkqAQUx4A
Carlos Slim: tycoon’s swoop on BT, another timely investment https://t.co/Wzsx7PHtny
Carlos Slim’s BT stake may just be a prelude - https://t.co/Esw2uC1Zcq - @pierrebri https://t.co/CWKqZ7Qdrv
BT Shares Rise After Mexican Billionaire Carlos Slim Buys Stake https://t.co/zjt9TtfAOT