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GBP34m KC Deal May Spark More Sell-Offs.

Europe Intelligence Wire

| April 30, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hull Daily Mail)

Hull: A telecoms expert today predicted further sales of Kingston Communications' businesses in the wake of a GBP34m deal.

The Hull firm sold its broadcasting and satellite division Kingston Inmedia to the Carlyle Group yesterday.

Now market analysts predict the deal could be the start of a break-up of KC's national businesses.

Kingston Inbusiness, which provides telephone services to firms across the UK such as …

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GBP34m KC deal may spark more sell-offs.
News wire article from: Europe Intelligence Wire April 30, 2004 700+ words
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