Exponent Ends Thetrainline.com Sale on Low Bids, Telegraph Says

Exponent Private Equity LLP scrapped plans to sell rail-ticket website Thetrainline.com 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 shortaecosta@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.