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ITV share price jumps amid rumours of takeover battle
The Guardian
|November 26, 2024
ITV's share price has jumped after a report that several investors are considering making bids for the British broadcaster.
The Love Island network's share price rose by almost 9% to more than 71p, as investors hoped for a bidding battle between private equity companies and rival broadcasters.
The private equity investor CVC Capital Partners and a big European broadcaster, thought to be France's Groupe TF1, are among those studying the merits of a potential offer, Sky News reported.
The RedBird Capital-owned All3Media - the maker of Gogglebox - and Mediawan, which is backed by the private equity group KKR, were also named by Sky News as "potential suitors for the ITV Studios production arm". However, it is not thought that any formal approaches have been made.
Dit verhaal komt uit de November 26, 2024-editie van The Guardian.
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