Altice UK’s Increased BT Stake: Influencing Trends without Full Acquisition
Altice UK has recently announced an increased holding of shares in the UK operator group BT to nearly one-quarter. The company, however, has no plans for a full acquisition bid. Altice’s latest acquisition includes 650 million shares, raising its overall holding to 24.5% compared to the previous 18%. The UK government conducted an investigation into…