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ITV buys Talpa for EUR 500 mln cash, double if targets met

2015-03-12 09:20:00| Telecompaper Headlines

(Telecompaper) UK broadcaster ITV has agreed to acquire Dutch TV production company Talpa Media for approximately EUR 500 million in cash from Big Brother creator John de Mol. Talpa is behind such hit formats as The Voice, Utopia, I Love My Country and Dating in the Dark. Including future payments depending on performance, the maximum total consideration will be EUR 1.1 billion.

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