CVC Capital Partners is said to be one of the potential bidders for ITV Plc, as interest in the broadcaster increases due to a low share price and uncertainties in strategy.
This renewed interest reflects the changing dynamics in the media industry as companies look to take advantage of undervalued assets. CVC and an unnamed European broadcaster are reportedly considering the option of acquiring all or parts of ITV. CVC's interest may be focused on ITV Studios, while the other party involved in the discussions could be interested in ITV's broadcasting division, including the ITVX streaming platform.
Companies in the media industry are recognizing the potential of undervalued assets, leading to increased interest in ITV. CVC Capital Partners and an unnamed European broadcaster are among the potential bidders for ITV Plc. While CVC's interest may lie in ITV Studios, the other party involved in the discussions could be eyeing ITV's broadcasting division, including the ITVX streaming platform.