Police officer gets hero award for saving dementia patient on day off bbc.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbc.co.uk Daily Mail and Mail on Sunday newspapers.
The takeover will see TalkTalk disappear from the London Stock Exchange
17 December 2020 • 1:55pm
The board of TalkTalk has backed a £1.1bn take-private offer from a hedge fund tycoon nicknamed “the Rottweiler”.
Bosses have thrown their weight behind the 97p-a-share offer by Martin Hughes’ firm Toscafund, the broadband provider’s second largest shareholder.
Chief executive Tristia Harrison said the move to become a private business would hand TalkTalk the “agility and freedom” to meet the soaring demand for data.
Toscafund’s swoop is being supported by Penta, the buy-out fund that has invested in telecoms firms such as Daisy, Wireless Infrastructure Group and Six Degrees.
TalkTalk would be de-listed from the London Stock Exchange if takeover wins the backing of directors
14 December 2020 • 8:03pm
The board of broadband provider TalkTalk is on the brink of backing a £1.8bn take-private offer by a hedge fund tycoon nicknamed the Rottweiler .
Bosses at Talktalk are poised to this week support a 97p-a-share swoop by Martin Hughes firm Toscafund, their second largest shareholder, in a deal which would delist the company from the London Stock Exchange.
The takeover could be announced as soon as Tuesday afternoon, according to Sky News, with founder Sir Charles Dunstone retaining his position as the firm s largest shareholder.