Shell ‘on the verge’ of signing Post Office broadband deal
Shell has, this weekend, edged closer to buying the Post Office’s broadband operations, in a deal that would push it further into the UK telecoms market.
The news comes following a weekend of talks between the FTSE 100 (^FTSE) giant and postal service, according to reports from Sky News.
Negotiations have now been in play for nearly two months. In early December, it was reported that Shell had slipped into poll position for the acquisition, with TalkTalk (TALK.L) and Sky also expressing an interest in the business.