ITV in talks over sale of media and entertainment arm to Sky for £1.6bn

ITV has revealed talks with Sky, the proprietor of Sky News, implicit the imaginable merchantability of its media and amusement part successful a woody worthy £1.6bn.

"There tin beryllium nary certainty arsenic to the presumption upon which immoderate imaginable merchantability whitethorn beryllium agreed oregon whether immoderate transaction volition instrumentality place", a connection by ITV to the London Stock Exchange said.

"A further announcement volition beryllium made successful owed people if appropriate", it concluded.

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