, the U.K. TV giant, led by CEO Carolyn McCall, had said it was “actively exploring” such a deal.
“There can be no certainty as to whether any transaction will take place, nor as to the terms of any such transaction,” ITV had emphasized back then. “A further announcement will be made if and when appropriate.” This announcement, in the form of a statement to the London Stock Exchange, came early on Friday London time. “ITV plc confirms it continues to monitor but is no longer actively exploring the possible acquisition of All3Media,” the company said. And it highlighted: “ITV plc assesses all potential value-creating M&A opportunities against its strict financial criteria and disciplined capital allocation framework.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: fox7austin - 🏆 594. / 51 Read more »