BT buys rival TalkTalk for £400M, Intesa backs MPS bid, Schneider to buy PTC for $23.7B

BT Group acquired TalkTalk for £400 million ($530 million), Intesa Sanpaolo moved closer to taking over Monte dei Paschi di Siena, Schneider Electric will acquire PTC for $23.7 billion, and Sainsbury's held merger talks with Morrisons.