November 29, 2024 11:51 GMT
COMMUNICATIONS: Media Reports Of Interest In ITV Deal
COMMUNICATIONS
ITVLN
- CVC Capital and Groupe TF1 are reportedly exploring a joint bid to split the company: CVC targeting the production arm (ITV Studios) and TF1 eyeing the broadcasting/streaming assets (ITVX). RedBird Capital-owned All3Media and Mediawan also listed as potential suitors. "They would only get the assets, though, in a deal worth double the current share price."
- “The person added, however, that Dame Carolyn McCall, ITV's long-serving chief executive, had been discussing with the company's financial advisers the merits of a demerger or other form of separation of its two main business units” though work conducted has not advanced enough to require disclosure
- https://news.sky.com/story/itv-back-in-spotlight-as-suitors-screen-potential-bids-13258866
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