Published

ITV shares jump after reported M&A interest

  • ITV's shares surged by as much as 10% after reports of a possible takeover interest from private equity firm CVC Capital Partners.
  • CVC Capital Partners is exploring a deal to acquire ITV's production arm, ITV Studios, and is collaborating with a European broadcaster.
  • The interest in acquiring ITV comes after a 7% share price slump in recent months for the network known for shows like I'm A Celebrity and Love Island.
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  • 67% of the sources lean Left
67% Left
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