Aurelius backs out of musicMagpie purchase talks

Musicmagpie

24/11/2023 15:15

Nov 24 (Reuters) - Pan-European investment group
Aurelius Investment Advisory Ltd said on Friday it did not
intend to make an offer for musicMagpie  MMAG.L , the British
online retailer of used smartphones and electronic products.
    The London-listed company had said on Monday it was in
early-stage talks with BT Group  BT.L  and Aurelius regarding a
possible purchase offer.

 (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by
Shailesh Kuber)
 ((abyjose.koilparambil@thomsonreuters.com))