ITV's shares jumped after reports suggested CVC Capital Partners is considering a takeover bid.

UK broadcaster ITV's shares surged after reports suggested private equity firm CVC Capital Partners is considering a takeover bid. CVC is reportedly exploring a deal with a European broadcaster, with plans to acquire ITV Studios while the broadcaster could take over the rest of ITV, including its ITVX streaming platform. ITV's shares have been weak, falling 40% in the last three years. Other interested parties include All3Media and Mediawan.

November 25, 2024
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