-- BT Group has brought in corporate advisors to help plan a defense against a potential takeover approach from Deutsche Telekom, reports the Mail on Sunday newspaper, citing unidentified sources.

-- BT is working with merger-advice firm Robey Warshaw, and bankers from Goldman Sachs, ahead of the expiry of a standstill agreement that prevents Deutsche Telekom from increasing its holding in the British company, which is set to end on Jan. 29, according to the MoS.

-- BT declined to comment to the MoS.

Full story: https://dailym.ai/2AuCxQA

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(END) Dow Jones Newswires

January 07, 2019 03:27 ET (08:27 GMT)

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