BT (Buy, £2.50, +78%) Morgan Stanley exit derivative position - what does this mean for Mittal's holding?
Earlier today, there was an RNS disclosure showing that Morgan Stanley’s derivative position in BT had fallen to zero. As a result, we have had a few questions on whether this means that Mittal’s stake purchase in BT is now completed. In this brief note, we run through our thoughts on the implications of this
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