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The Business Brief MONDAY, 17 AUGUST 2026
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Ares Takes Control of UK Taxpayer-Backed Fiber Company Toob

1 source ·1 article ·2h ago

Ares Management Corp. is taking control of Toob Ltd., the struggling broadband company backed by the UK’s National Wealth Fund, according to people familiar with the matter.

Covered by 1 outlet

Bloomberg 1

All coverage · 1 article

Bloomberg Technology ·2h ago

Ares Takes Control of UK Taxpayer-Backed Fiber Company Toob

Ares Management Corp. is taking control of Toob Ltd., the struggling broadband company backed by the UK’s National Wealth Fund, according to people familiar with the matter.