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Possible BT takeover

BT Group board on alert for £15bn takeover approach (August 2020)

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DV
DVB Cornwall
A version of this story has circulated every five years or so since Privatisation. I have no real reason to believe that this one's fate wont be similar and fall gently aside. The only issue that is current is a flotation of Openreach on the markets with BT still holding a majority share of between 80 and 90 pct, the remainder being new shares which are likely to be snapped up by Vodafone and Comcast. I'm expecting that to drop before this financial year ends.

Any possibility of a hedge fund taking over is significantly reduced by the Chinese Government and it's agencies having their fingers in virtually all of these. The Huawei situation being critical in that judgement.

It'd be fascinating to see an attempt nevertheless.
JO
Joe
Same is true of the Railways and yet they are now effectively nationalised.

No they're not.

Railtrack was brought back into state ownership (as Network Rail) to manage the infrastructure, but the individual TOCs still are in place unless they are temporarily removed and replaced with the state-run "Operator of Last Resort" until a new operator can be found - as the name implies.

I doubt the Government would have the slightest interest in buying BT. The state isn't very good at running commercial businesses. The Government is also quite penniless at the moment.

Presumably the poster was referring to the current state of play, during the coronavirus situation (look it up). But as I said, that’s rather different.
SP
Spencer
Same is true of the Railways and yet they are now effectively nationalised.

No they're not.

Railtrack was brought back into state ownership (as Network Rail) to manage the infrastructure, but the individual TOCs still are in place unless they are temporarily removed and replaced with the state-run "Operator of Last Resort" until a new operator can be found - as the name implies.


The individual rail franchises *are* mostly state-owned... albeit by the German, Italian and Dutch states.
IS
Inspector Sands

I doubt the Government would have the slightest interest in buying BT. The state isn't very good at running commercial businesses. The Government is also quite penniless at the moment.

Getting the money together to do it wouldn't be an issue, the current government's ideology is a much bigger reason why it won't happen.

Also of course privitisation of the telephone network was in the manifesto of the Labour Party at the last election, and much derided by the current government
IS
Inspector Sands
Joe posted:

Presumably the poster was referring to the current state of play, during the coronavirus situation (look it up). But as I said, that’s rather different.

Oooh that's something I hadn't heard about, or hadn't even occurred to me, but makes sense.

So effectively it's just the open access operators that are currently still in totally private hands

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