Menu
18/08/2006
UTV confirm merger approach to SMG at 'early stage'
UTV have confirmed that it has approached SMG with a merger proposal.
Following press speculation about the possible merger, a spokesperson for UTV stressed: "Discussions are at an early stage and there can be no certainty that a merger will occur, any merger could proceed by way of a bid by either company for the other or a scheme of arrangement in either company."
Under the terms of this proposal, SMG shareholders would receive a 50% interest in the merged entity rumoured to be worth £400m.
Both firms have major radio interests. Last year UTV bought the Wireless Group which includes TalkSport. UTV also owns 16 independent radio stations including Juice FM in Liverpool and Swansea Sound.
A spokesperson for SMG was not available for comment.
(DS)
Following press speculation about the possible merger, a spokesperson for UTV stressed: "Discussions are at an early stage and there can be no certainty that a merger will occur, any merger could proceed by way of a bid by either company for the other or a scheme of arrangement in either company."
Under the terms of this proposal, SMG shareholders would receive a 50% interest in the merged entity rumoured to be worth £400m.
Both firms have major radio interests. Last year UTV bought the Wireless Group which includes TalkSport. UTV also owns 16 independent radio stations including Juice FM in Liverpool and Swansea Sound.
A spokesperson for SMG was not available for comment.
(DS)
Related UK National News Stories
Click here for the latest headlines.
11 December 2006
UTV in merger talks with SMG
UTV have confirmed that they are back in talks with Scottish Media Group (SMG) over a potential merger. In August SMG, the sixth largest programme producer in the UK, rejected an approach from UTV that would have given SMG shareholders a 52% stake in the combined company.
UTV in merger talks with SMG
UTV have confirmed that they are back in talks with Scottish Media Group (SMG) over a potential merger. In August SMG, the sixth largest programme producer in the UK, rejected an approach from UTV that would have given SMG shareholders a 52% stake in the combined company.
27 January 2015
Welsh Council Merger Plan Dropped
Wales Public Services Minister, Leighton Andrews, has rejected a voluntary merger plan by six Welsh councils. Following a recommendation by the Williams Commission that Wales 22 councils should be cut by half, six councils had volunteered to merge.
Welsh Council Merger Plan Dropped
Wales Public Services Minister, Leighton Andrews, has rejected a voluntary merger plan by six Welsh councils. Following a recommendation by the Williams Commission that Wales 22 councils should be cut by half, six councils had volunteered to merge.
29 September 2004
New merger creates UK's biggest commercial radio group
Capital Radio and GWR have agreed a merger deal today which will see the creation of the UK's leading commercial radio group.
New merger creates UK's biggest commercial radio group
Capital Radio and GWR have agreed a merger deal today which will see the creation of the UK's leading commercial radio group.
09 February 2011
BBC Radio To 'Extend Its Distinctive Appeal'
A BBC Trust review has concluded that BBC Radio 3, Radio 4 and Radio 7 are much loved and highly valued by the millions of licence fee payers that listen every week.
BBC Radio To 'Extend Its Distinctive Appeal'
A BBC Trust review has concluded that BBC Radio 3, Radio 4 and Radio 7 are much loved and highly valued by the millions of licence fee payers that listen every week.
11 December 2009
Asian Radio Presenter Murdered
Police in Glasgow are investigation the "brutal" killing of a radio presenter at her home. Nasim Jamil, who worked for Asian radio station Awaz FM, was found by family in her Byres Road flat on Wednesday. Strathclyde Police said she had last been seen earlier in the day. A postmortem examination is currently underway on Ms Jamil's remains.
Asian Radio Presenter Murdered
Police in Glasgow are investigation the "brutal" killing of a radio presenter at her home. Nasim Jamil, who worked for Asian radio station Awaz FM, was found by family in her Byres Road flat on Wednesday. Strathclyde Police said she had last been seen earlier in the day. A postmortem examination is currently underway on Ms Jamil's remains.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
