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TalkTalk to go private in 拢1.1bn takeover by Toscafund

Listed broadband and phone provider TalkTalk has recommend a 拢1.1bn takeover proposal from investment firm Toscafund, which including debt values the company at around 拢1.8bn. Toscafund already held a nearly 30% stake in the company, and the deal rested on approval from Founder and Executive Chairman Sir Charles Dunstone, who holds a similar sized holding … Continue reading TalkTalk to go private in 拢1.1bn takeover by Toscafund