SMG in talks to sell TV arm to Granada - report

Scottish Media Group PLC (SMG) has held talks with Granada PLC about the £350m (€545m) sale of its television business, the Sunday Times reported.

SMG in talks to sell TV arm to Granada - report
Sun, 18 Aug, 2002 - 15:17

Scottish Media Group PLC (SMG) has held talks with Granada PLC about the £350m (€545m) sale of its television business, the Sunday Times reported.

Without citing sources, the newspaper said SMG has also discussed selling the division, which owns Scotland's ITV franchises Grampian and Scottish Television, with Carlton Communications PLC.

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CourtsHeathrowPlace: ScotlandOrganisation: SMGOrganisation: GranadaOrganisation: Scottish Media Group PLCOrganisation: Granada PlcOrganisation: Sunday TimesOrganisation: ITVOrganisation: GrampianOrganisation: Scottish TelevisionOrganisation: Carlton Communications PLCOrganisation: CarltonOrganisation: ApaxOrganisation: Candover
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