BT ‘pulls out’ of £264m BT Ireland sale

BT has reportedly reversed a decision to sell its Irish business to a private equity firm, seven months after entering into exclusive negotiations with a potential buyer.

The Times reports that BT has had a change of heart over the €300 million deal with Mayfair Equity Partners and its intentions are now unclear. The paper says this is the third time BT has attempted to sale BT Ireland and it was thought that this time the deal would go ahead.

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