RNS Number : 9791W
06 August 2009
6 August 2009
ITV confirms sale of Friends Reunited
ITV plc has today announced the conditional sale of its 100% shareholding in Friends Reunited Holdings Limited ('Friends Reunited') to Brightsolid Limited (a wholly owned subsidiary of D.C. Thomson Limited) for a total cash consideration of £25m payable on completion. The transaction is subject to approval by the competition authorities.
Credit Suisse acted as exclusive financial adviser to ITV plc in relation to this transaction.
For further enquiries please contact:
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Ruth Settle - 0207 156 7233
Louise Evans - 0207 156 7358
Pippa Foulds - Head of Investor Relations
020 7156 7039
Tel: 0207 353 4200
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