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Value £250,000,000
Summary
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.
Lead Investor / Acquirer
VodafoneThree
Advising Broker
Undisclosed Firm
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Exited prioritisedOriginal Source
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