(Reuters) – British telecoms group BT confirmed on Monday it will not make an offer for musicMagpie, a British online retailer of used smartphones and electronic products.
The seller of second-hand DVDs and computer games last week said it was in early-stage talks with BT and Aurelius Group regarding a possible buyout offer.
Aurelius Investment said on Friday it did not intend to make an offer for musicMagpie.
(Reporting by Prerna Bedi in Bengaluru; Editing by Devika Syamnath)
