Virgin radio on standby for stock market move

Virgin Radio today looked set for a stock market listing at around half the price paid to the broadcaster’s previous owner, DJ Chris Evans.

Virgin radio on standby for stock market move
Thu, 12 Apr, 2007 - 16:59

Virgin Radio today looked set for a stock market listing at around half the price paid to the broadcaster’s previous owner, DJ Chris Evans.

Media group SMG, which bought the business for £225m (€330m) in 2000, plans to spin off the radio arm so it can concentrate its efforts on television broadcasting and production, including STV in Scotland.

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