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[BUSINESS]■ STORY TIMELINE

ARES TAKES CONTROL OF UK TAXPAYER-BACKED FIBER FIRM TOOB

Ares Management Corp. has taken control of Toob Ltd., a broadband company backed by the UK's National Wealth Fund. The move marks a significant shift for the struggling fiber provider.

1 SOURCEFIRST SEEN AUG 17, 02:55 PM► READ THE ARTICLE
Bloomberg Tech+0m

Ares Management Corp. is taking control of Toob Ltd., the struggling broadband company backed by the UK’s National Wealt…