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BT Considers floating Concert

By Julian Goldsmith

Published: 10 July 2000 08:54 BST

BT said on Sunday that it may float shares in Concert, its telecoms joint venture with AT&T, according to the UK's Sunday Business.

The move is expected to value the business at £20bn.

The report states BT's intends to use the float to bolster its own faltering share price and to raise money so that it can offer Concert managers share options.

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