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French entrepreneur Vincent Bollore, has bought a further 1.26 million shares in UK media company Aegis, taking Groupe Bollore’s total interest to 26.03%. The move continues to fuel industry speculation that Bollore is planning a take-over bid of Aegis, with the Havas chief executive, recently saying that “all options are open (see Bollore Hints At… Continue reading Bollore Increases Presence In Aegis

United Business Media (UBM) has announced that it has completed the sale of its Culverhouse Cross site to ITV for £18.7 million. The deal is part of UBM’s on-going process of monitoring its non-core assets, with the sale including the television studio complex that – until the completion of the site’s sale – was being… Continue reading UBM Sells Culverhouse Cross To ITV For £18.7 Million

Digital radio broadcaster and programme producer, UBC Media, has revealed a upbeat trading statement with revenues expected to be up by 25% compared to the same time last year. The group claims that its commercial network advertising and programming business continues to outperform the sector, predicting 21% growth in advertising revenues. Elsewhere, UBC said that… Continue reading UBC To Launch Music Download Service Before Year End

Digital radio broadcaster and programme producer, UBC Media, has revealed a upbeat trading statement with revenues expected to be up by 25% compared to the same time last year. The group claims that its commercial network advertising and programming business continues to outperform the sector, predicting 21% growth in advertising revenues. Elsewhere, UBC said that… Continue reading UBC Enjoys Strong Start To 2006

Publishing group, Bertelsmann AG Gruner+Jahr AG & Co KG, is reported to be considering buying the French arm of Emap’s magazine business. According to reports in the German newspaper, Handelsblatt, Bernd Kundrun, managing director of Gruner+Jahr, said: “We are open for acquisitions in France. Like all the others, we are looking at the magazines which… Continue reading German Publisher Shows Interest In Emap’s French Division

NTL:Telewest this morning confirmed an agreement with Virgin Mobile to see the two businesses merge, forming the nation’s first quadruple play broadcaster, offering TV, broadband, fixed line and mobile telephony. The merger will see NTL:Telewest adopt the Virgin brand in the near future, following a 30 year brand licencing agreement to “harness” the power of… Continue reading NTL Confirms £962m Virgin Mobile Takeover

Speculation continues this morning over NTL’s interest in mobile phone operator Virgin Mobile, with the cable company expected to make a second takeover offer this week, following its initial rejection at the end of last year. Reports this morning claim a value of £960 million would be placed on Virgin Mobile under the new deal,… Continue reading NTL Preps New Approach For Virgin Mobile

ITV has received a second bid from the investment consortium which approached the company last week, offering a cash alternative of 40p per share on top of the 86p in cash originally offered. The initial proposal was rejected by ITV last week, dashing the hopes of Apax Partners, Blackstone and Goldman Sachs, which had sought… Continue reading ITV Considers Second Bid With Added Cash Sweetener

ITV has rejected the second bid by Greg Dyke’s investment consortium, stating that the offer does not represent a good deal for current share holders. The revised bid was submitted to the ITV board last night, but met with unanimous rejection as the broadcaster’s management stated: “At over 7 times 2005 EBITDA, the board considered… Continue reading ITV Rejects Second Bid By Dyke Consortium

French entrepreneur and Havas chief executive, Vincent Bollore, has re-ignited speculation over his intentions toward British advertising group, Aegis. Speaking at a press conference the advertising boss, and chairman of Groupe Bollore, stated that “all options are open. We could strengthen our stake in Aegis,” hinting at an increase of his existing 25.5% share in… Continue reading Bollore Hints At Further Investment In Aegis