Updated: India’s Bennett, Coleman Eyeing UK

imageUpdated: Bennett, Coleman & Co denies any such talks. BC’s UK subsidiary TIML spokesperson: “There is no truth in the rumours.” That’s that, for now.

Original post: Is Indian media group Bennett, Coleman & Co, owner of Times of India newspaper, eyeing another cheap UK acquisition? The shares of British media group Trinity Mirror rose more than 5 percent on Thursday on market rumours that the Indian media giant is looking to bid for the UK company whose market cap had dipped from $2.8 billion last year to $300 million now.

Trinity Mirror

Comments have been disabled for this post