BT ends buyout talks with second-hand electronics retailer musicMagpie

Musicmagpie

27/11/2023 13:30

Nov 27 (Reuters) - British telecoms group BT  BT.L 
confirmed on Monday it will not make an offer for musicMagpie
 MMAG.L , 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. 
    

 (Reporting by Prerna Bedi in Bengaluru; Editing by Devika
Syamnath)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))