Become a Computing member

KCOM goes (for the final time) to Macquarie for £627m in Takeover Panel-managed auction

16 July 2019 • 2 min read

KCOM auction adds £123m to price on opening offer filed in April

Hull-based telecoms company KCOM has finally been sold for £627 million - a 24 per cent increase on the initial £504 million offered by Humber Bidco back in April. And that opening bid had repre...

To continue reading this article...

Join Computing

Unlimited access to real-time news, analysis and opinion from the technology industry
Receive important and breaking news in our daily newsletter
Be the first to hear about our events and awards programmes
Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
Access to the Computing Delta hub providing market intelligence and research
Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Already a Computing member?

Previous Article

Cyber security: Think like the enemy

Next Article

Bulgarians' personal and financial data leaked by hackers in attack on tax agency

You may also like

Pension fund warns 470,000 members may have been compromised by Capita hackers

Hacking

Pension fund warns 470,000 members may have been compromised by Capita hackers

USS, the UK's largest pension fund, relies on Capita's technology to facilitate its internal pension administration procedures

15 May 2023 • 3 min read

Communications

KCOM dumps pension-fund backed buyout in favour of Macquarie bid

Any advance on £563m?

03 June 2019 • 2 min read

Communications

UK pension fund in £500m buyout of KCOM

Universities pension fund goes to Hull to buy communications minnow

25 April 2019 • 3 min read

More on Communications

Europe returns to space with brand new Ariane 6 rocket

But re-ignition glitches raise concerns

11 July 2024 • 3 min read

Vodafone scraps European datacentres after signing $1.5bn deal with Microsoft

Vodafone scraps European datacentres after signing $1.5bn deal with Microsoft

Both partners emphasise generative AI

17 January 2024 • 2 min read

'Mind reading' cap turns thoughts into text during trials

'Mind reading' cap turns thoughts into text during trials

Year of AI closes with breakthrough in non-invasive decoding of thoughts

Penny Horwood

14 December 2023 • 2 min read

Delta