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IN BRIEF: TalkTalk to be delisted on March 15 as takeover approved

Tue, 02nd Mar 2021 06:31

TalkTalk Telecom Group PLC - Salford-based broadband and mobile services provider - TalkTalk shareholders on Monday approve the FTSE 250 company's GBP1.11 billion takeover by Tosca IOM Ltd, a new company formed by asset manager Toscafund Asset Management LLP and Penta Capital LLP. Just over 98% vote in favour. The scheme of arrangement will go into effect on Friday next week, and TalkTalk shares will be cancelled from the London Main Market the following Monday, March 15. The takeover was agreed back in December.

Current stock price: 96.60 pence

Recent change: up 37% since September 1

By Tom Waite; thomaslwaite@alliancenews.com

More News

3 Feb 2020 12:32

Monday broker round-up

(Sharecast News) - Diageo: Kepler Cheuvreux upgrades to buy with a target price of 3,700p.

3 Feb 2020 10:40

UK WINNERS & LOSERS SUMMARY: Future Rebounds From Short-Seller Hit

3 Feb 2020 09:24

UK BROKER RATINGS SUMMARY: Goldman Sachs Likes Hiscox Among Insurers

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LONDON BRIEFING: Boeing 737 MAX Delay Sets Back Ryanair Growth Plan

31 Jan 2020 16:56

LONDON MARKET CLOSE: Stocks End Week In Retreat Amid Virus Fears

31 Jan 2020 08:54

TalkTalk Confident After FibreNation Sale, Despite Revenue Slip

31 Jan 2020 08:01

Headline revenues slip at TalkTalk as it focuses on fibre

(Sharecast News) - TalkTalk reported a fall in headline revenue, ex-carrier and off-net, in its third quarter trading update on Friday, to £383m from £386m year-on-year, while its headline on-net revenue slipped to £310m from £316m.

31 Jan 2020 07:20

TalkTalk adds 148,000 fibre customers, on track for year

LONDON, Jan 31 (Reuters) - Broadband provider TalkTalk said it added 148,000 fibre connections in the third quarter, representing 32% of all the new fibre-to-the-cabinet lines on BT's Openreach network and largely offsetting an industry-wide decl...

30 Jan 2020 20:37

Friday preview: Chinese manufacturing, TalkTalk in focus

(Sharecast News) - The market spotlight at the end of the week would fall on an official survey of manufacturing sector conditions in China at the start of the year.

28 Jan 2020 15:21

Ex-TalkTalk Director Tells Tribunal That Dismissal Was A "Sham"

24 Jan 2020 15:58

UK Earnings, Trading Statements Calendar - Next 7 Days

21 Jan 2020 08:13

UPDATE 2-UK's CityFibre buys TalkTalk's York fibre network for 200 mln stg

* Goldman Sachs-backed CityFibre buys FTTP network* TalkTalk agrees wholesale deal with CityFibre* CityFibre raises target to 8 million premises (Adds CEO comments, detail)By Paul SandleLONDON, Jan 21 (Reuters) - Britain's TalkTalk has agreed to se...

21 Jan 2020 08:13

Latest Share Chat

TALK.L Share News (TALK)

IN BRIEF: TalkTalk to be delisted on March 15 as takeover approved

Monday broker round-up

UK WINNERS & LOSERS SUMMARY: Future Rebounds From Short-Seller Hit

UK BROKER RATINGS SUMMARY: Goldman Sachs Likes Hiscox Among Insurers

LONDON BRIEFING: Boeing 737 MAX Delay Sets Back Ryanair Growth Plan

LONDON MARKET CLOSE: Stocks End Week In Retreat Amid Virus Fears

TalkTalk Confident After FibreNation Sale, Despite Revenue Slip

Headline revenues slip at TalkTalk as it focuses on fibre

TalkTalk adds 148,000 fibre customers, on track for year

Friday preview: Chinese manufacturing, TalkTalk in focus

Ex-TalkTalk Director Tells Tribunal That Dismissal Was A "Sham"

UK Earnings, Trading Statements Calendar - Next 7 Days

UPDATE 2-UK's CityFibre buys TalkTalk's York fibre network for 200 mln stg

UPDATE 1-Britain's TalkTalk sells fibre network to CityFibre for 200 mln stg

TalkTalk Agrees Sale Of UK Fibre Network Roll-Out Business FibreNation

LONDON MARKET PRE-OPEN: easyJet Raises Revenue Per Seat Guidance

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