Liberty Global Sells Half of Its ITV Stake Amid Ongoing Challenges

Liberty Global Ltd. is selling half of its stake in ITV Plc, a significant move after over a decade of ownership. This decision comes as ITV faces declining performance, prompting Liberty Global to reassess its investment strategy. The sale, which involves a 5% stake through an accelerated bookbuild, could influence ITV's stock performance and market perception, raising concerns about the company's future in a competitive media landscape.