Macro Finance
Ares Faces 50% Loss on Cash Piled Into TalkTalk With BT Deal
Bloomberg Markets·October 6, 2026·1 min read
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. The deal marks a significant loss for Ares, which had piled cash into the struggling company.
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