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IN BRIEF: Mexican telecom tycoon Carlos Slim raises stake in BT to 4.3%

4th Sep 2024 06:51

BT Group PLC - London-based telecommunications provider - Grupo Financiero Inbursa SAB de CV, the Mexico City-based investment vehicle of multi-billionaire Carlos Slim increases its equity holding in BT to 4.3% as of Thursday last week from 3.2% previously. The earlier holding had been disclosed back in June. No reason is provided for the increase in stake, which is disclosed in a filing with the London Stock Exchange on Tuesday. Among his many business interests, Slim is chair of America Movil, which has telecommunications operations throughout Latin America.

Current stock price: 140.55 pence, closed 0.6% higher on Tuesday in London

12-month change: up 23%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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