Opus Broadband Reopens Bid for TalkTalk’s Consumer Division at Reduced Price
Opus Broadband renews £100m offer for TalkTalk's retail arm, raising concerns over investor losses.
POLICY WIRE — London, United Kingdom — A new development has emerged in the ongoing saga surrounding TalkTalk Telecom Group, as Opus Broadband has re-entered the bidding process with a reduced offer to acquire the company’s consumer operations.
The proposed deal, valued at approximately £100 million, comes as TalkTalk continues to face financial challenges. The move is expected to exacerbate losses for existing shareholders, according to reports from Sky News.
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Previously, Opus had been linked with investment firm Alchemy Partners in discussions about acquiring TalkTalk’s debt-laden consumer division. However, after an exclusivity period ended, the firm reportedly shifted its focus, leaving the door open for other potential buyers such as Ares Management.
Reporting by Policy-Wire (PW)



