KCom target of £500m takeover bid

KCom's board of directors has agreed a £504 million takeover deal with pension fund Universities Superannuation Scheme Limited (USSL).
The Hull-based telco said the deal, which comes in at 97 pence per share, represents a 33.8% premium on its closing price on the last practicable date and is 38% above its three…read more on TotalTele.com »