BT Group Acquires TalkTalk
BT Group has acquired TalkTalk, estimating the total cash impact in FY27 to be around £400 million. This includes consideration, transaction and administration costs, working capital impacts, a trading loss of approximately £60 million, and non-receipt of circa £100 million otherwise due to Openreach.
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07:01:36 AM UTC
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BT estimated the total cash impact of the acquisition in FY27 at around £400m, including consideration, transaction and administration costs, working-capital effects, a trading loss of approximately £60m and about £100m that would otherwise have been due to Openreach. The company said it recogn…