Is Virgin Media for sale

hazephase · #1 07-12-2007, 07:26 AM

Virgin Media has asked Goldman Sachs to advise them on a possible buyout .
Its being reported that Carlyle Group is the key contender , which want to buy Virgin at 5.6bn in a bcc report

Judas · #2 07-12-2007, 10:09 AM

Yes, Virgin Media is up for sale but probably abit too rich for our blood! lol.

Cheers.

saubryn · #3 07-12-2007, 07:34 PM

Great... I hope this doesn't mean anything from a customer end. The Telewest NTL merger thing didn't mean any changes for Telewest customers, but since Virgin took them both under their wing it has been nothing but trouble. More changes are the last thing we need

hazephase · #4 07-13-2007, 10:35 AM

I don't thing it would as , there are lots of companies that are buying and sell every day , its better for them , they can start some thing else

smith · #5 07-14-2007, 10:38 AM

According to the latest report, Private Equity is keen on buying Virgin Media which is pestered by huge debts. The deal could be around £11 billion or more.

hitler · #6 09-04-2007, 07:43 AM

A cable tv company has flashed the news that the chief executive of the Virgin Media was leaving the firm because of the family and the personal reasons.