Update: Market Chatter: Ares Management to Recoup Only Half of TalkTalk Investment in BT Deal
MT newswire2026/10/07 09:2505:25 AM EDT, 10/07/2026 (MT Newswires) -- (Updates with BT's response in the third paragraph) Ares Management (ARES) will recover only about 50% of the money it invested in TalkTalk after BT Group agreed to buy the telecommunications firm out of insolvency, Bloomberg reported Tuesday, citing people familiar with the matter. Ares received about 100 million British pounds ($133 million) for giving up its security over TalkTalk and agreeing to BT's acquisition, the report said. TalkTalk and BT declined to comment to MT Newswires, while Ares did not respond to a request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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