Panorama indie in £45m private equity sale

Posted by Paul McNally on 11 May 2008 at 12:20
Tags: Broadcast, Media Business, Television

The parent company of Panorama producer Mentorn has agreed in principle to a £44.7m takeover bid by private equity house Vitruvian Partners.

Tinopolis, which also owns sports indie Sunset+Vine, has recommended shareholders accept the offer, which would make it the latest in a string of publicly-listed companies to go back into private hands.

The FT says the move is further evidence that investors are falling out of love with small companies. 

Tags: Broadcast, Media Business, Television