Thread: NTL bought out
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Old 28-12-2004, 15:03   #39
Robert Atkins
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Re: NTL brought out

I think I am correct to say that Centrica can buy up to 19.99% of a UK company without having to declare it to the London Exchange but NTL is NASDAQ listed so the rules over the pond might be different.

Also it makes sense that Centrica buys into NTL: it can sell gas+elect+BB+tv combos as Centrica is really a marketing company with a huge database (British Gas). And in the other hand Centrica owns onetel a virtual telcom...
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