ITV 'no longer looking' to buy All3Media
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UK broadcaster ITV said it was no longer looking at buying TV and film production business All3Media, owned by Warner Bros Discovery and Liberty Global.
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The company on Friday said it was "still monitoring" the situation.
"ITV assesses all potential value-creating merger and acquisition opportunities against its strict financial criteria and disciplined capital allocation framework," it added in a short statement.
Last month ITV, in which Liberty also has a 10% stake, said it was “actively exploring" a potential purchase of the maker of 'Fleabag' and 'Gogglebox' and estimated to be worth as much as £1bn.
Reporting by Frank Prenesti for Sharecast.com