ITV rejects consortium cash injection proposal

ITV today said it had rejected an approach from a private equity consortium that would have loaded the broadcaster with large amounts of debt.

ITV rejects consortium cash injection proposal

ITV today said it had rejected an approach from a private equity consortium that would have loaded the broadcaster with large amounts of debt.

The UK’s largest commercial broadcaster said the proposal from Apax Partners, the Blackstone Group and the investment arm of Goldman Sachs was not in the interests of all its shareholders.

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