Virgin Media owner buys stake in ITV

The owner of Virgin Media said it has no plans for a takeover of ITV after snapping up 6.4% of the broadcaster’s shares from rival BSkyB today.

Virgin Media owner buys stake in ITV
Thu, 17 Jul, 2014 - 09:29

The owner of Virgin Media said it has no plans for a takeover of ITV after snapping up 6.4% of the broadcaster’s shares from rival BSkyB today.

US cable giant Liberty Global said it was excited to be a shareholder of ITV after the “opportunistic and attractive” investment in its largest market.

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CourtsBusinessHeathrowPlace: ColoradoPlace: UKPerson: John MalonePerson: Mike FriesPerson: SirPerson: Richard BransonOrganisation: Virgin MediaOrganisation: ITVOrganisation: BSkyBOrganisation: Liberty GlobalOrganisation: NTLOrganisation: LibertyOrganisation: VirginOrganisation: CityOrganisation: Court of AppealOrganisation: Sky
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