Monday June 1, 2020

ITV £100m takeover of UTV media expected this week

TV channel losing ‘a lot of money’ on launch in south

11th October, 2015

UTV shares were the biggest gainer on the FTSE all share media index today with a rise of eight per cent after UTV confirmed to the Stock Exchange that talks were underway about a sale.

“UTV Media is in talks about a potential sale of its television assets, not the group,” a UTV spokeswoman later confirmed.

Media speculation over the weekend linked ITV with a move for the television assets. TV3 owner Liberty...

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