Future Tech

BT ends buyout talks with second-hand electronics retailer musicMagpie

Tan KW
Publish date: Mon, 27 Nov 2023, 11:07 PM
Tan KW
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Future Tech

 British telecoms group BT confirmed on Monday it will not make an offer for musicMagpie, a British online retailer of used smartphones and electronic products.

The seller of second-hand DVDs and computer games last week said it was in early-stage talks with BT and Aurelius Group regarding a possible buyout offer.

Aurelius Investment said on Friday it did not intend to make an offer for musicMagpie.

 


  - Reuters

 

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