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TalkTalk gets buyout offer from asset manager Toscafund

A woman speaks on her phone as she passes a branded logo outside the Talktalk headquarters in London
A woman speaks on her phone as she passes a branded logo outside the Talktalk headquarters in London

(Reuters) - British broadband operator TalkTalk <TALK.L> said on Thursday it had received a preliminary offer of 97 pence per share from asset manager Toscafund Asset Management to take the company private.

The company said its board has agreed to discuss the proposal with its advisers.

(Reporting by Pushkala Aripaka in Bengaluru; Editing by Arun Koyyur)