Bloomberg News

Exponent Ends Sale on Low Bids, Telegraph Says

July 22, 2012

Exponent Private Equity LLP scrapped plans to sell rail-ticket website after the bidding failed to reach the target of 400 million pounds ($625 million), the Sunday Telegraph reported, without saying where it got the information.

The highest bid achieved was 250 million pounds, the newspaper reported.

To contact the reporter on this story: Sofia Horta e Costa in London at

To contact the editor responsible for this story: Dick Schumacher at

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