BT completes acquisition of 100% of Net2S shares

9th Mar 2009 07:00



BT COMPLETES ACQUISITION OF 100% OF NET2S SHARES

On 17 February 2009, BT Group plc ("BT") announced the opening of a buyout offer for the remaining c.2.19% of the shares in Net2S S.A. ("Net2S") that BT did not already own. Following the closing of the offer on 2 March 2009 and subsequent compulsory acquisition of the remaining shares on 3 March 2009, BT now owns all issued shares in Net2S other than 74,947 treasury shares, and 65,833 shares issued under employee share schemes which are subject to certain lock up periods. Net2S was delisted from NYSE EuroNext Paris on 3 March 2009. 

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