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Aug. 24, 2020, 3:17 a.m. EDT

BT shares rally on report board alert to takeover approaches

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    BT Group PLC (BT.A)

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By Steve Goldstein

UK:BT.A

Shares of BT Group /zigman2/quotes/209006687/delayed UK:BT.A -0.93% climbed 6% after Sky News reported the telecoms giant has asked Goldman Sachs to update its defense strategy from suitors. BT shares have been hurt after slashing its dividend. BT hasn't yet received any takeover approaches.

/zigman2/quotes/209006687/delayed
UK : U.K.: London
169.60 p
-1.60 -0.93%
Volume: 18.07M
May 7, 2021 4:35p
P/E Ratio
11.17
Dividend Yield
0.00%
Market Cap
£16.97 billion
Rev. per Employee
£216,629
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