ITV plc (ITV.L) confirmed that the Group is in preliminary discussions regarding a possible sale of its M&E business to Sky for an enterprise value of 1.6 billion pounds. Sky is owned by Comcast Corporation, a global media and technology company.
ITV plc noted that there can be no certainty as to the terms upon which any potential sale may be agreed or whether any transaction will take place. The Group said a further announcement will be made in due course if appropriate.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.