Media

RTL poised for full ownership of Five

Published Tuesday, Jul 12 2005, 17:57 BST | By Neil Wilkes
RTL is thought to be weeks away from a deal to secure full ownership of Five.

Reports in the weekend newspapers suggested that the broadcaster will pay around £220 million for United Business Media's 35% stake in the channel.

Discussions between the pair have been ongoing for four years but have now finally reached an "advanced" stage.
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