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Friday, April 17, 2015

FTSE moves higher despite Greek concerns

Leading shares recover with ITV and Severn Trent among the risersLeading shares are moving higher after Thursday’s dip and despite continuing worries about Greece’s precarious financial situation.Among the risers is ITV, as analysts at Liberum listed it as one of its group of potential takeover targets. The broadcaster has been buying up programme makers, including the company behind The Voice, Talpa Media, in an attempt to broaden its studio business and reduce its dependence on advertising. But this could put it in the takeover spotlight, said Liberum:ITV’s recent content diversification makes it an attractive M&A target [although] ITV has been called very pricey by a couple of conglomerates. Continue reading...


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