Shares in Britain's BT rise 9% on report it could sell a stake in Openreach

Reuters| London | United Kingdom

Updated: 15-05-2020 12:55 IST | Created: 15-05-2020 12:55 IST

Shares in BT rose 9% on Friday from decade lows after the Financial Times reported it was in talks to sell a stake in its Openreach networks unit.

A source close to Macquarie, a potential buyer named in the report, said the investment firm had not expressed an interest in buying a stake and was not in talks with BT.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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