Quote:
Originally Posted by Robert Atkins
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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I am sorry but there is no way Centrica could get away with buying NTL and there not being a single word anywhere about it. With all the press NTL have had about there refinancing someone somewhere would have published it.
I have tried loads of different searches in google and nothing absolutely zip