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Re: Combined NTL/Telewest is an £8 billion takeover target
Hate to break this to you but....
1) ntl is mostly owned by venture capitalists in the States anyway.
2) So is Telewest.
3) Both of them are incorporated in the US.
4) The VCs are after the combined NTL/Telewest/Virgin Mobile group, not a fat lot Branson can do about it even with his 15% share of the group should he get it.
Unlikely to be stripping assets either, be easier to strip them individually than wait for the group to form in full. Potential is there for profit and they probably want a slice.
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