Belfast Telegraph

Tata in battle for CWW takeover

A £1BN takeover fight is brewing for struggling Cable -amp; Wireless Worldwide.

India's Tata said it is in the early stages of evaluating an offer for CWW, which is also in the sights of mobile phone giant Vodafone. Shares in CWW, which sells telecoms and internet services to major UK businesses, soared 18% to give it a value of just over £900m.