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tso sale looking imminent.
Byline: Laura Smith
TSO sale looking imminent
Laura Smith
The Stationery Office (TSO) is understood to be preparing for a second round of offers after the private equity owner of the publisher of government documents -- including Hansard debates and The Highway Code -- put it up for sale.
Apax, which bought TSO for [pounds sterling]82m seven years ago, is understood to have given investment bank UBS a mandate to advise on the sale in April. The price tag is thought to be between [pounds sterling]100m and [pounds sterling]120m.
According to reports in The Financial Times, Apax has whittled down the number of bidders to five -- two trade and three private equity.
The newspaper said the bidding could go to a third round as TSO was concerned about giving away too much information to trade buyers.
- TSO rebuffs latest sell-off rumours.
- Magazine article from: Information World Review June 5, 2006 700+ words
...the Daily Telegraph claim that TSO could fetch [pounds sterling]100m. "As a company owned...sterling]22.4m in 2003 to [pounds sterling]19.5m in 2004. TSO has just retained a [pounds sterling]25m three-year publishing...
- Marcos Engineering Unveils New Production Ready TSO Supercars.
- Press release article from: PR Newswire July 11, 2006 700+ words
...announced the world premier of its new TSO Supercars at London's exclusive...private Luxury and Supercar Show. The TSO GTC is a classic British race...The GTC is priced at 49,950 pounds Sterling. The TSO R/T delivers a thrilling open...
- Marcos Engineering Announces the New 'TSO' Sportscar; Expressive New Style and...
- Press release article from: PR Newswire May 25, 2004 700+ words
...Cerbera, Tuscan and T350, the TSO's lines are exceptionally clean...precision and speed. The entry level TSO is priced at 39,950 pounds Sterling and delivers 350HP with a 5...transmission and 17 inch wheels. The TSO R/T is priced at 44,950 pounds...
- Marcos Engineering Announces the New 'TSO' Sportscar.
- Press release article from: PR Newswire May 25, 2004 700+ words
...Cerbera, Tuscan and T350, the TSO's lines are exceptionally clean...precision and speed. The entry level TSO is priced at 39,950 pounds Sterling and delivers 350HP with a 5...transmission and 17 inch wheels. The TSO R/T is priced at 44,950 pounds...
- Marcos Engineering Debuts The 'TSO GT2' Sportscar.
- Press release article from: PR Newswire June 13, 2005 700+ words
...pleased to announce the new Marcos TSO GT2 coupe is making its world...GT2 starts at just 49,995 pounds Sterling. The design team was driven...Championships to their name. "The TSO GT2 marks the return of the...point in the industry." The TSO GT2 is being showcased at London...
- MARCOS ENGINEERING DEBUTS THE 'TSO GT2' SPORTSCAR.
- News wire article from: Asia Africa Intelligence Wire June 13, 2005 700+ words
...pleased to announce the new Marcos TSO GT2 coupe is making its world...GT2 starts at just 49,995 pounds Sterling. The design team was driven...Championships to their name. "The TSO GT2 marks the return of the...point in the industry." The TSO GT2 is being showcased at London...
- TSO gets credit for three-year's rapid growth. (TSO Financial Corp.) (company...
- Magazine article from: Philadelphia Business Journal Foust, Dean December 8, 1986 700+ words
TSO gets credit for three-year's rapid growth For TSO Financial Corp., growth has been in the cards--credit...in this year's first three quarters. The catalyst behind TSO Financial's growth has been the MasterCard and Visa credit...
- Variety apparent in lineup for TSO's 2007-08 season.
- Newspaper article from: AZ Daily Star (Tucson, AZ) March 23, 2007 700+ words
...Richard and Johann. As part of the festival, TSO concertmaster Steven Moeckel will play Berg...Violin Concerto on the same night that the TSO Chorus performs Brahms' Liebeslieder Waltzes...concerts are Feb. 7, 8 and 10. In January, TSO music director George Hanson returns to...
- TELECOM UNSURPRISED BY TSO RULING.
- News wire article from: Asia Africa Intelligence Wire June 27, 2003 700+ words
...Telecommunication Service Obligations (TSO) was $38.84 million for six months...Telecom has estimated the cost of the TSO at as much as $408 million but today it...TelstraClear, have said the true cost of TSO compliance is far less than the commission...
- MARCOS ENGINEERING DEBUTS 'TSO' SPORTSCAR IN NEW ZEALAND.
- News wire article from: Asia Africa Intelligence Wire November 17, 2004 700+ words
...Thoroughbred' NZ Autocar Declares 'the TSO Is Ferocious in a Straight Line' Marcos...is pleased to announce the new Marcos TSO roadcar has made its southern hemisphere...for New Zealand motoring enthusiasts. The TSO was unveiled at the grand opening of importer...
Source: HighBeam Research, tso sale looking imminent.