ITV acquires firm behind '24 Hours in A&E'
Television producer ITV has acquired The Garden, an independent production company.
Television producer ITV has acquired The Garden, an independent production company.
The Garden, which has produced programmes such as 24 Hours in A&E, and Inside Claridge's, will be acquired for an initial £18m, with a further capped cash payment based on its future performance, which is only payable of 'significant' profit growth over the next five years.
In 2012 The Garden delivered an operating profit of £2.5m.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The share price rose 1.7% to 125.30p on Monday.
NR
-
Private school fees soar and VAT threat looms – what does it mean for you?
Rising private school fees could see more than one in five parents pull their children out of their current school. Before you remortgage, move house or look to grandparents for help, here’s what you need to know.
By Katie Williams Published
-
Best and worst UK banks for online banking revealed
When it comes to keeping your money safe, not all banks are equal. We reveal the best and worst banks for online banking when it comes to protecting your money from scams
By Oojal Dhanjal Published