Skip to main content
  • Register
  • Help
  • Contact us
  • Log out of your HL account

ITV sells London Television Centre for ?145.6m

Fri 08 November 2019 15:30 | A A A

No recommendation

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

(Sharecast News) - Broadcaster ITV has exchanged contracts for the sale of the London Television Centre on the South Bank to Mitsubishi Estate London for £145.6m in cash.

Completion of the sale is expected to take place by the end of the month and part of the proceeds will be used to reduce ITV's net debt.

At 1540 GMT, the shares were down 1.1% at 133.70p.

    The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.


    More company news from ShareCast