Deals
ITV Says Company Assets Not for Sale After Malone Stake
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ITV Plc Chief Executive Officer Adam Crozier said the U.K.’s largest commercial broadcaster doesn’t plan to sell parts of its business. ITV declined to say whether the company as a whole is available for sale after John Malone’s Liberty Global Plc bought a 6.4 percent stake.
“We are certainly not considering selling off any parts of this business; we are very much in growth mode across the company,” Crozier told reporters on a conference call today. “What Liberty’s intentions are, are a matter for them.” Crozier said the only contact he’s had with Liberty Global was a courtesy call from CEO Mike Fries the evening before the purchase announcement.