ITV rumoured to be in sights of Comcast
Shares in ITV lifted amid speculation the London-based television broadcaster could be a takeover target for Comcast of Philadelphia, Pennsylvania, the Financial Times reported. The market report said a 1.8% boost to ITV’s share price followed the takeover chatter and post-results upgrades.
UK-listed ITV has a current market capitalisation of GBP 10.547bn (USD 16.584bn); Comcast, which owns NBCUniversal, has a USD 142.267bn market cap on the Nasdaq exchange.
The original article appeared in print; page 20.
Financial Times