Herbert Smith Freehills and Freshfields Bruckhaus Deringer have advised on US cable giant Liberty Global's £481m purchase of a stake in ITV.
July 20, 2014 at 07:08 PM
1 minute read
The original version of this story was published on Legalweek
Herbert Smith Freehills (HSF) and Freshfields Bruckhaus Deringer have advised on US cable giant Liberty Global’s £481m purchase of a stake in ITV.
Owned by billionaire media executive John Malone, Liberty purchased the 6.4% share in the British broadcaster from BSkyB, but says it has no plans to buy ITV outright. Liberty did, however, reserve the right to make a takeover offer within the next six months.
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