TVC becomes largest shareholder in UTV Media

TVC Holdings today announced that it has acquired a shareholding of 11% in UTV Media for an aggregate consideration of £14.9m (€19m).

Tue, 15 Jul, 2008 - 08:55

TVC Holdings today announced that it has acquired a shareholding of 11% in UTV Media for an aggregate consideration of £14.9m (€19m).

This is TVC Holdings’ second new investment following the successful €50m placing and listing on the AIM market of the London Stock exchange and the IEX market of the Irish Stock Exchange in 2007.

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