Cardinal Carlyle rebuffs Doughty advances on TV3

TV3 owner Doughty Hanson has been given a lukewarm response to its attempts to sell off the channel to buyout fund Cardinal Carlyle Ireland.

It’s understood that Doughty approached Cardinal Carlyle, which is backed by the Irish state, in recent weeks to gauge its interest in buying the broadcaster.

The fund is said to have taken a preliminary look at the channel and it’s understood that while a takeover is not imminent, further ...