When is BT cheap enough for DT?

Deutsche Telekom has been limited to holding a 15 per cent stake in BT for three years, but this ends on January 29th. And BT obviously thinks it may launch a takeover bid. According to reports, BT is consulting takeover advisors Robey Warshaw and Goldman Sachs. Its shares are at a five-year low and the weakness of the pound sterling is an encouragement to foreign bidders.

Source: When is BT cheap enough for DT?

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