Telecoms and technology giant Daisy Group confirms '£210m' takeover of rival

Telecoms and technology giant Daisy Group has announced the acquisition of a rival reported to be worth more than £200m.

Daisy Group, which is headquartered in Lancashire, has signed a deal to acquire XLN, with completion expected in early March.

XLN provides over 100,000 small businesses with services including business broadband, phones and card payments.