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TalkTalk enters talks with Toscafund on takeover offer

2020-10-08 10:17:00| Telecompaper Headlines

(Telecompaper) UK telecoms provider TalkTalk has received a preliminary and non-binding proposal from funds advised by Toscafund Asset Management (TAM) regarding a possible cash offer for the company at GBP 0.97 per share. This comes after reports in the summer that TalkTalk previously rejected a takeover offer worth GBP 1.35 per share from Toscafund in 2019.

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Category:Telecommunications

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