News that talks on trade between the US and China will continue in February helps support a modest advance in the FTSE 100, up 0.3% to 6,990.34, ahead of the key US jobs report later.
Earnings before interest, tax, depreciation and amortization (EBITDA) for the year through March is now expected at between £245m and £250m, marking an increase from £197m. However, the guidance is below the current consensus analysts' forecast of £259m.
For the 2020 financial year, TalkTalk says it is confident of meeting market expectations for a rise in EBITDA to £271m.
The remaining 49% could be bought at a valuation equivalent to seven times 2021 EBITDA. Paddy Power shares are flat at £62.65.
In 2018, Adjarabet generated revenues of 215m Georgian Lari (£64m) and EBITDA of GEL68m (£20m).
The company also confirms it will engage with Berry Global Group, which on Thursday made a bid for the company rivaling a £3.3bn offer from Apollo Global Management. The shares are broadly flat at 793.5p.
Greencoat, meanwhile, says it would raise up to £131m to help fund the deal by issuing new shares in the company at 127p each. It falls 1.35% to 132p.
Revenue for the three months to 31 December 2018 fell to £92.6m from £100.8m. Underlying revenue, which excludes disposals and discontinued operations, rose 1%.
Underlying subscription revenue advances 1%, with strong 9% growth in the pricing, data & market intelligence segment more than offset a 4% reduction in asset management.