Summary
UNITED Business Media is close to selling off another of its broadcasting assets. Its stake in digital TV provider SDN, which pipes Five and shopping channel QVC into homes that have a Freeview box, is being bought by an Australian consortium led by Macquarie Bank.
The sale will increase speculation that UBM is stepping up its clearout to concentrate on business publishing. Outgoing boss Lord Hollick is selling market research unit NOP.See the full content of this document
Extract
Ubm Set to Sell Digital Tv Stake
New broom David Le...
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