Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
musicMagpie PLC - Stockport, England-based used-technology reseller - Confirms it is in ‘early stage discussions’ with telecommunications provider BT Group PLC and asset manager Aurelius Group for the pair to make a takeover offer for musicMagpie. Talks are ‘ongoing and remain at a very early stage’, musicMagpie says. There is no certainty that an offer will be made, it says, but BT and Aurelius have a deadline of December 18 to announce a firm intention to make an offer or walk away.
Current stock price: 26.00 pence, up 39% in London on Monday morning for a £28.0 million market capitalisation
12-month change: up 11%
Copyright 2023 Alliance News Ltd. All Rights Reserved.