If a VC then C&W is a possibility. It has been said many times that C&W sum of parts is greater than the whole. Often its said that strip out the foreign parts and you would get the UK operation for free. Maybe Thus are being offered the UK part? Stranger things have happened.
I have had dealings with C&W. Once drove all the wayfrom York to a meeting with Manganese Bronz in Ipswich. 10 minutes before the meet the C&W guy cancelled as he couldn't make it! A few other experiences confirmed their management to be utterly useless.
On the Energis side and insider told me that Archie Norman was well known for knowing nothing about telecoms! Poor Archie not achieved much since ASDA days.]
KCOM. Hull counillors have been told to stay schtum and not mention the takeover whatsoever. They have okayed the deal so far. If Carlyle are in league with Thus then that will really make things happen.
For YC if UU are offered shares in Thus rather than actual cash it could be a very good deal for them. No management time to expend and Thus should turn a proffit quickly and their share price whould rise giving UU a profit!
Interesting times we have finally arrived at the doorstep. The lull could now be in the past and the storm about to break!
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