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PRESS: BT Set To Announce Deal To Buy EE - FT

5th Feb 2015 06:40

LONDON (Alliance News) - BT Group PLC has finalised the deal to acquire EE from Deutsche Telekom AG and Orange SA following several weeks of negotiations, the Financial Times reported on Wednesday.

BT is set to announce a deal as early as Thursday morning, the FT said, citing two people close to the situation, with the FTSE 100-listed telecoms group set to pay GBP12.5 billion for the mobile operator.

The due diligence process has been completed with no major issues uncovered, according to the sources.

http://www.ft.com/cms/s/0/9a74a0ec-ac6c-11e4-9aaa-00144feab7de.html#axzz3Qf5EvlnO

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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