RTL to buy remaining Five stake for £247.6m

Publishing group United Business Media (UBM) has agreed to sell its share in Channel Five to RTL for £247.6m (€356.8m), it announced today.

RTL to buy remaining Five stake for £247.6m
Wed, 20 Jul, 2005 - 13:39

Publishing group United Business Media (UBM) has agreed to sell its share in Channel Five to RTL for £247.6m (€356.8m), it announced today.

European television broadcaster RTL is set to buy the 35.4% stake in a move that will give it full control of the channel.

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