Possible sale for Spice’s telecoms business

SPICE, the utilitiy support services firm, has revealed it is in talks to sell its telecoms business.
The Leeds-based group said it was in discussions with a third party relating to the potential sale of the business.
“However, at this stage there can be no certainty that any transaction involving the group’s telecoms business will take place,” Spice said.
Spice has previously said it was reviewing the future of its gas telecoms and facilities management businesses.
Speculation has placed a £30m price tag on the business.
Shares in Spice leapt yesterday which led to the company making the statement.