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IN BRIEF: Firm Offer Deadline For Possible TalkTalk Buy Extended

Thu, 05th Nov 2020 14:58

TalkTalk Telecom Group PLC - FTSE 2500-listed telecommunications firm based in Salford - Obtains permission to extend deadline by which Toscafund Asset Management LLP must announce its firm intention to either make or not make an offer for the company to December 3 from November 5. The offer for TalkTalk's entire share capital is, as previously announced, priced at 97p per share. Says "commercial discussions and due diligence are progressing."

Current stock price: 96.20 pence

Year-to-date change: down 17%

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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