musicMagpie PLC - Stockport, England-based used-technology reseller - Confirms it is in ‘early stage discussions’ with telecommunications provider BT Group PLC and asset manager Aurelius Group for the pair to make a takeover offer for musicMagpie. Talks are ‘ongoing and remain at a very early stage’, musicMagpie says. There is no certainty that an offer will be made, it says, but BT and Aurelius have a deadline of December 18 to announce a firm intention to make an offer or walk away.

Current stock price: 26.00 pence, up 39% in London on Monday morning for a £28.0 million market capitalisation

12-month change: up 11%

Copyright 2023 Alliance News Ltd. All Rights Reserved.