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ITV Draws Interest from Potential Buyers Including CVC, Sky Says

From Bloomberg Business

ITV Draws Interest from Potential Buyers Including CVC, Sky Says

CVC Capital Partners is among companies studying potential bids for all or parts of ITV Plc, as a depressed share price and doubts about strategy spark renewed interest in the broadcaster, Sky News reported on Saturday.

CVC and an unidentified European broadcaster are exploring the merits of a transaction, Sky said, citing industry sources it didn't identify. CVC could be interested in ITV Studios, with the broadcaster potentially taking ITV's broadcasting arm, which includes the ITVX streaming platform, according to the report.

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