Move by Virgin Media owner could suggest it thinks a bid for the UK broadcaster is increasingly likely

International cable operator Liberty Global has raised its stake in ITV to 9.9% but said it had no intention of taking over the UK’s biggest free-to-air commercial TV firm.

Liberty, the owner of pay-TV company Virgin Media, took a 6.4% stake in ITV a year ago, and in September said it had no plans to increase the holding.

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Source: The Guardian Circular Economy RSS