Ares Faces 50% Loss on Cash Piled Into TalkTalk With BT Deal

Ares Faces 50% Loss on Cash Piled Into TalkTalk With BT Deal

Ares Management Corp is set to lose about half of the hundreds of millions of pounds it invested in TalkTalk, after BT Group Plc agreed to buy the telecommunications firm out of insolvency.

Ares Management Corp is set to lose about half of the hundreds of millions of pounds it invested in TalkTalk, after BT Group Plc agreed to buy the telecommunications firm out of insolvency.
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Bloomberg — Markets (EN)




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