BT Gains After KKR s Telecom Italia Offer Shares in BT Group are among the biggest FTSE 100 risers, up 2.9% amid takeover activity in the European telecoms sector. BT and other European telecom.
UK stocks rose on Monday, driven by rallies at BT and Vodafone after a bumper private equity bid for European peer Telecom Italia. Augmentum Fintech gained on positive half-year results.
Stocks in Europe started mildly higher, shrugging off some of the caution that we saw at the tail end of last week on lockdowns in Austria and elsewhere. Telecoms stocks rallied as KKR made a bid for Telecom Italia; BT and Vodafone led the FTSE 100 higher with help from BP and Antofagasta. Vivendi, a major shareholder […]