TalkTalk

Acquirer: VodafoneThree

VodafoneThree has submitted a bid to acquire TalkTalk's consumer broadband business, which could hand the company control of around 1.75 million broadband customers. Summary of transaction details: Value: £250m Sector: Telecoms Advisor: Not disclosed Key Entities: VodafoneThree, TalkTalk Location: UK Note: The potential acquisition is part of VodafoneThree's strategy to expand its fixed-line footprint and grow its broadband customer base, and would provide a significant boost to the company's push into the home internet market.

Investor: Ares Management

Investor: KKR