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PRESS: Suitors circling for all or parts of ITV - Sky News

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Sky News also reported that ITV Chief Executive Officer Carolyn McCall has spoken to the company's financial advisers about a possible demerger or form of separation of its two main business units. ITV shares rose 6.4% to 66.00 pence each in London on Friday.
The article from Shareprices.com discusses the potential acquisition of ITV, a major UK broadcaster, as reported by Sky News. Several private equity firms, including Apollo Global Management, have shown interest in either acquiring ITV in its entirety or purchasing significant portions of its business. This interest comes at a time when ITV's shares have experienced a decline, making it an attractive target for buyouts. The discussions are in early stages, with no certainty of a deal materializing. ITV has been exploring strategic options to enhance shareholder value, which might include selling off parts of its operations like its studios or its streaming service, ITVX. The involvement of private equity could lead to a restructuring or a complete change in ownership, potentially affecting ITV's strategic direction and market position.

Read the Full Buy Article at [ https://shareprices.com/news/press-suitors-circling-for-all-or-parts-of-itv-sky-news-x02davumtfvzwir/ ]