Northern Ireland’s independent broadcaster UTV Media has confirmed it is in talks to sell its television arm to ITV after speculation at the weekend.
The regional broadcaster, which shows ITV programming, said discussions on the potential sale of its television assets ‘may or may not result in such a transaction being agreed’.
‘A further announcement will be made when appropriate’, the company said in a statement. Shares in UTV Media jumped more than 10 per cent to 174p following the news.
Read more at Mail Online