BT in talks to sell multibillion-pound stake in Openreach - FT

BT Group Plc is in talks to sell a multibillion pound stake in Openreach, the company's telecommunications business, to infrastructure investors, Financial Times reported on Thursday citing sources.

Potential buyers for Openreach include Australian bank Macquarie Group Ltd and a sovereign wealth fund, the report https://www.ft.com/content/0ab3d20a-72d3-4956-8416-6885eca0b7e9 added. The deal could value the unit at about 20 billion pounds, it added.