Carphone Considers Spinning Off Talktalk

Daily MailNovember 17, 2008

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Summary


CARPHONE Warehouse is considering demerging its TalkTalk phonecalls and broadband business as part of a strategic review.

Sources expect that tomorrow, when the firm announces its interim results, it will tell investors it is 'at the very early stages' of evaluating a plan to spin off TalkTalk into a separately listed company.

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Extract


Carphone Considers Spinning Off Talktalk

Carphone has yet to appoint bankers and should it proceed, any break-up would be delayed until well into nex...

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