BT Shares Reach New Heights as Carlos Slim Invests in the Telecoms Giant

Thursday, 13 June 2024, 21:04

In a significant development, Mexican billionaire Carlos Slim has acquired a 3% stake in BT, leading to a surge in the company's stock price. Following CEO Allison Kirkby's leadership, BT's shares have risen by 20%, with a notable 4.3% increase in a single day. This investment by Slim signals confidence in BT's future growth and strategic direction.
Daily Mail
BT Shares Reach New Heights as Carlos Slim Invests in the Telecoms Giant

BT Shares Surge on Carlos Slim's Investment

The British telecoms giant, BT, witnessed a sharp rise in its stock price after Mexican billionaire Carlos Slim acquired a 3% stake in the company.

Growing Stock Performance

  • BT shares soared by 4.3% following the news of Slim's investment.
  • Allison Kirkby's leadership has boosted BT's stock by 20% since February.

Carlos Slim's stake acquisition reflects positive market sentiment towards BT's future prospects.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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