It's loud in the US

17 May 2005 By Robert Cyran Follow @rob_cyran

The UKbased directories business will generate more than half its revenues in the US after purchasing TransWestern. With UK expansion blocked, it has little alternative if it wants to grow by acquisition. The good news is this deal stacks up financially.

This content is for Subscribers only

Context News

Yell, the publisher of Yellow Pages in Britain and Yellow Book in the US, has bought TransWestern, a Californiabased directories business, for $1.6bn.

The purchase, Yell's 26th since entering the American market six years ago, will increase the company's US presence to 45 states plus Washington DC.

The acquisition comes amid growing regulatory interest in the sector. The Office of Fair Trading last month asked the Competition Commission to investigate the highly concentrated directories market.

Email a friend

Please complete the form below.

Required fields *