ITV to Sell Broadcasting Unit to Sky for Up to £1.6 Billion

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Bloomberg Technology 19 hours ago • bloomberg.com

ITV to Sell Broadcasting Unit to Sky for Up to £1.6 Billion

ITV Plc has agreed to sell its media and entertainment arm to Comcast Corp.-owned Sky Group Ltd. in a deal worth as much as £1.6 billion ($2.1 billion) including debt, reshaping the UK television industry.

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