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BSkyB agrees to sell part of ITV stake

BSkyB has agreed to sell part of the stake it owns in Britain’s ITV.

Sky bought 17.9% of the broadcaster in 2006.

After a legal battle, it’s now agreed to sell just over half that stake, in a move that could raise around €227 million.

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Kieran Mulvey, Elaine Byrne, Eddie Hobbs and Ger Colleran prepare for The Dunphy ShowMike Soden, Dearbhaill McDonald and Shane Ross happy after the first Dunphy ShowNewstalk 6 Nations Roadshow – SinBin, Limerick 27th February 2010Newstalk 6 Nations Roadshow – SinBin, Limerick 27th February 2010Newstalk 6 Nations Roadshow – Clancy’s, Cork 13th February 2010Newstalk 6 Nations Roadshow – Clancy’s, Cork 13th February 2010Newstalk 6 Nations Roadshow – Clancy’s, Cork 13th February 2010Eamon Keane with Mary Davis, Special Olympics and Ross McDonagh, Metro HeraldEoin McDevitt with Paul McGrathClaire with Bobby Kerr, Insomnia and Dragons DenPaul Mooney, NCI; Ben Dunne; Conor Brophy, Newstalk; Ross McDonagh, Metro HeraldSean and Paolo - Russborough House, Wicklow, April 2010

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