Time Warner offers €1 billion for Big Brother producer

Time Warner has made a €1 billion all-cash offer for Endemol, the Dutch producer of the 'Big Brother' television show.

12th December, 2011
Time Warner offers €1 billion for Big Brother producer
Shilpa Shetty, a former contestant on Endemol's Big Brother

Time Warner has made a €1 billion all-cash offer for Endemol, the Dutch producer of the 'Big Brother' television show.

The Dutch company is surrently seeking to reach an agreement with lenders over reorganizing its debt.

The revised bid has the same value as Time Warner’s previous offer, said Charles Armitstead, a spokesman for Endemol.

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say